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$525,000

355-6819 Madrid Way, Kelowna, BC, V1Z 3R8

QuickQuoteTM: Not Available
MLS® # 10336082

3 Beds

2 Baths

1078 FEETSQ sqft

Property Information:

Maximize your SHORT TERM RENTAL returns with this strategically priced, rancher-style lake cottage at La Casa Resort; one of the Okanagan's most sought-after vacation destinations. Imagine the consistent revenue stream generated by short-term rentals, capitalizing on the high demand from vacationers seeking the quintessential Okanagan experience. La Casa Resort's established reputation ensures a steady flow of potential renters. Take control of your investment by managing the property yourself, or leverage the professional on-site management company for a hands-off approach. Either way, you'll benefit from the resort's popularity and the area's strong tourism market. Beyond its investment potential, this cottage offers an exceptional lifestyle. Guests will be drawn to the bright, open-concept living space. The kitchen provides everything needed for a comfortable and memorable stay. Three bedrooms offer ample space for guests to relax and recharge. The expansive deck is ideal for outdoor entertaining, providing the perfect setting for barbecues and sunset views. As a La Casa Resort property owner, you and your guests will enjoy access to a wealth of amenities, including a private marina and beach, multiple pools and hot tubs, and tennis courts. These amenities are key to high rental occupancy. This partially furnished cottage is ready for immediate occupancy, allowing you to start generating income right away. Quick possession is preferred. Schedule your showing today!

Property Features:

  • Bedrooms: 3
  • Bathrooms: 2
  • Annual Tax Amount: $2,100
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Architectural Style: Ranch
  • Association Amenities: Beach Rights, Beach Access, Marina, Clubhouse, Sport Court, Dog Park, Fitness Center, Meeting/Banquet/Party Room, Barbecue, Party Room, Playground, Pool, Recreation Facilities, Boat Slip, Spa/Hot Tub, Security, Storage, Tennis Court(s), Trash
  • Built in: 2008
  • Construction Materials: Fiber Cement, Wood Frame
  • Cooling: Central Air
  • Exterior Features: Balcony
  • Floor Space (approx): 1078 Square Feet
  • Flooring: Hardwood, Partially Carpeted, Tile
  • Heating: Electric, Forced Air, Propane
  • Lot Size: 0.06 Acres
  • Parking Features: Attached, Garage, On Site, Secured
  • Roof: Asphalt, Shingle
  • View: Lake, Mountain(s)
  • Water Source: Private
  • Sewer: Public Sewer, Septic Tank
  • No. of Parking Spaces: 3

Rooms:

  • Bedroom Basement Level 3.86 m x 2.74 m
  • Living Main Level 4.27 m x 3.96 m
  • Other Main Level 3.48 m x 4.40 m
  • Bathroom Basement Level 1.52 m x 2.44 m
  • Utility Basement Level 2.74 m x 3.96 m
  • Dining Main Level 4.11 m x 1.83 m
  • Kitchen Main Level 2.74 m x 3.81 m
  • Bathroom Main Level 1.52 m x 2.44 m
  • Bedroom Basement Level 3.86 m x 2.74 m
  • Primary Bedroom Main Level 2.97 m x 4.42 m

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Location of 355-6819 Madrid Way, Kelowna, BC, V1Z 3R8

Demographic Information of 355-6819 Madrid Way, Kelowna, BC, V1Z 3R8

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$145,000.00

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.86 %

High school certificate or equivalent

35.21 %

Apprenticeship trade certificate/diploma

19.01 %

College/non-university certificate

26.05 %

University Degree

9.86 %

Commuter

Travel To Work

By Car

88.89 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

11.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent