About This Property
Air BnB is allowed! The best value unit in the Vita! A revenue property due to its unique ability to be short-term or long term rented out, as your second property! Or use it as a get-away location for summer and winter fun or an early toe-hold in the exciting world of home ownership -- this is an affordable and incredibly well designed micro unit with a generous balcony. (Note - not all units at the Vita have a balcony). Built in 2021 just across the road from Kin Beach, this development features a pool, gym, pickle-ball courts, community BBQ and EV charging stations. Inside, the Unit comes with everything you need to live - bedding, dining and kitchenware etc. Practical vinyl plank flooring, an awesome King size bed and cleverly designed storage. You have in-suite laundry with the latest in small space convenience - a washer-dryer combo! And then for bigger loads there is a coin operated laundry unit on the 3rd floor. The only thing inside this unit doesn't have is a sofa because the tenant said the original wasn't comfortable! So now all you need to do is invest in your own super comfortable sofa! In addition, there is a 6'x4'x6' locker conveniently located on the same floor. Outside you have north-west facing massive deck (14'x 4'6"") with beautiful lake views for those summer evenings. And … the strata fees are reasonable at $282 per month. Annual short term revenue estimated at $30,000 - $40,000 - see supplement for details (id:64973)
This 335-square-foot condo in Vernon, BC, is priced at $791 per square foot, significantly below the city's average of $965 per square foot for similar properties. Its unique ability to be short-term or long-term rented, coupled with its affordable price and close proximity to Kin Beach, makes it an attractive option for investors seeking a revenue property or first-time buyers looking to enter the local housing market.
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