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Main Photo: 8778 PALMER PL in Summerland: House for sale : MLS®# 176103
Photo 1: 8778 PALMER PL in Summerland: House for sale : MLS®# 176103
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
176103
Bedrooms:
5
Bathrooms:
4
Year Built:
2018
Fantastic investment opportunity on this new home in Summerland with a legal one bedroom suite. The main house is leased at $2500/month, and the suite at $950/month generating $3450 per month in revenue creating a positive monthly cash flow no matter what the down payment. Attractive financing options available through the Summerland Credit Union offering 1.9% on a 3 yr term, or 2.4% on a 5 yr term which only increases the savings. Main floor features open concept living, a large kitchen, solid wood cabinets with soft close hardware, LED pot lights and large windows to allow plenty of natural light. Engineered hardwood, upgraded carpets, gas fireplace,the list goes on and on. 4 bedrooms, 3 bathrooms in the main house plus the one bedroom suite, peace of mind provided with the 2/5/10 new home warranty and hiking trails right outside your doors. Take advantage of over 50K in savings using the reduced interest rates,GST included. Seller will consider taking other properties in trade. (id:2493)
Property Type:
Single Family
Size Interior:
2,597 sq. ft.
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
SU Main Town
Amenities:
Schools
Community Features:
Quiet Area
View:
Mountain view
Building Type:
House
Appliances Included:
Refrigerator, Dishwasher, Washer, Dryer, Microwave, Stove
Number of bedrooms:
5
Number of bathrooms:
4.0
Age:
1 years
Construction Material:
Wood frame
Construction Style Attachment:
Detached
Fireplace Fuel:
Gas
Fireplace:
Yes
Fireplace Type:
Conventional
Heating:
Forced air
Heating Fuel:
Natural gas
Roof Style:
Asphalt shingle, Unknown
# Storeys:
1.5
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Finished)
Basement Development:
Finished
Land Amenities:
Schools
Landscape Features:
Landscaped, Irrigation sprinkler(s)
Acreage:
No
Lot Size:
0.162 acre(s)
Lot Size:
7040 sqft
Lot Details:
7040
Parking Space(s):
1
Parking Type:
Parking Space(s), Open, Garage, RV
Road Surface:
No thru road
Floor
Type
Size
Other
Main level
Living room
14' × 13'
-
Main level
Dining room
13' × 8'
-
Main level
Kitchen
14' × 13'
-
Main level
Master bedroom
13' × 11'
-
Main level
Bedroom
10' × 9'
-
Other
Kitchen
16' × 13'
-
Other
Bedroom
14' × 12'
-
Other
Bedroom
12' × 8'
-
Other
Bedroom
11' × 11'
-
Other
Recreational, Games room
16' × 11'
-
Other
Utility room
8' × 5'
-
Floor
Ensuite
Pieces
Other
Main level
No
2
Main level
Yes
4
Other
No
4
Other
No
4
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Listed by ROYAL LEPAGE LOCATIONS WEST
Data was last updated May 21, 2019 at 11:15 AM (UTC)
Area Statistics
Listings on market:
81
Avg list price:
$799,000
Min list price:
$175,000
Max list price:
$6,895,000
Avg days on market:
47
Min days on market:
3
Max days on market:
444
Avg price per sq.ft.:
$254.95
These statistics are generated based on the current listing's property type and located in SU Main Town. Average values are derived using median calculations.
CHAD WOZNIAK  PREC ABR SRES CRS CLHMS MCNE
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