Business with Property
1 Bedroom
1 Bathroom
Size: 655 sqft
Built in 2005
$295,000
About this Business with Property in Predator Ridge
FULLY FURNISHED GROUND LEVEL 1 BEDROOM - 1 BATH. This east facing condo has spectacular views over the golf course. A turnkey vacation getaway that earns income while you’re not there; fully managed for you! Owner's use of up to 180 days per year, must be available for rent a minimum of 185 days per year. With a payment to the City of Vernon, it can be removed from the rental program for full time private use . Call us for details. The resort offers two world-class golf courses, several dining choices, a local market, tennis, pickleball and miles of hiking and biking trails. A 10 minute drive to the lakes, 45 minute drive to Silver Star Mountain & only a 25 minute drive to Kelowna International Airport. Strata includes use of outdoor pool & hot tub, common area landscape maintenance plus membership to Fitness Centre w/full length indoor pool, hot tub, steam rooms, full weight room & yoga studio. Strata Fees of $803.94 per month x 12 = $9,647, Property Tax = $1,694, Hydro = $402.46 Insurance = $1,310 for a 2025 Total Operating Expense of $13,053.46. Benefit of ownership is not having to pay public rates for your vacation! In 2025, the standard 1 bedroom rate during the golf season was $425 per night. If you used it for 60 nights, that would have been a $25,500 value! Owner's Rental Revenue from January 1, 2025 to December 31, 2025 was $20,677.33. Predator Ridge is exempt from the Speculation and Vacancy Tax. (id:14735)
Listed by Rockridge Real Estate Company.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Team 3000 Realty Ltd. (Okanagan) for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
More Details
- MLS®10402340
- Bedrooms1
- Bathrooms1
- TypeBusiness with Property
- Size655 sqft
- Year Built2005
More about Predator Ridge, Vernon
Latitude: 50.18840667
Longitude: -119.38819651
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