Property Information:

Investors take note. Nice 1 bedroom multi level townhome in Arbour Lee. Currently rented at $1,500.00 per month. Low strata fees of less than 250.00 per month and good return on investment. Nice top floor corner unit with tall vaulted ceilings and a multi-level design. Overall shows very well with a bit of pizzazz. Private exterior access and storage room from the west. East facing rear deck off the bedroom overlooking the town and valley. One of the last buildings in the complex to get the new exteriors and the fees and special levy have already been paid. Easy access to services downtown and to the Grey Canal Trail. The dedicated parking stall is nearby and visible from the front door, with lots of additional visitor parking on the property. Shared coin laundry facilities are a stone's throw away in the building next door. A great opportunity for your first rental / investment property or an easy add to the portfolio you have. Current lease is available on request but leased for a 1 year term Nov 1 2025 to Oct 31, 2026, @$1,500.00 per mo, then converts to a month to month. (id:27)

Building Features:

Style: Townhouse
Building Type: Row / Townhouse
Air Conditioning: Yes
Amenities: Laundry - Coin Op
Architectural Style: Other
Construction Style - Attachment: Attached
Exterior Finish: Cedar Siding
Floor Space: 678 sqft
Flooring Type: Carpeted, Laminate, Linoleum, Tile
Roof Material: Tar & gravel
Roof Style: Unknown
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: Window air conditioner

Property Features:

OwnershipType: Strata
Property Type: Single Family
Bedrooms: 1
Bathrooms: 1
Built in: 1972
Community Features: Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed
Floor Space (approx): 678 Square Feet
MaintenanceFee Type: Insurance, Property Management, Other, See Remarks, Waste Removal, Water
Storage Type: Locker
Sewer: Municipal sewage system
Parking Type: Stall
No. of Parking Spaces: 1

Rooms:

Bathroom Basement Level 5'0'' x 7'0''
Primary Bedroom Main Level 13'2'' x 11'5''
Kitchen Main Level 7'2'' x 7'7''
Living Main Level 22'5'' x 13'4''

Courtesy of: RE/MAX Vernon

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Demographic Information of 3800 40 Avenue Unit# 78, Vernon, British Columbia, V1T 6S3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$88,118.94

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.01 %

High school certificate or equivalent

36.19 %

Apprenticeship trade certificate/diploma

10.63 %

College/non-university certificate

25.32 %

University certificate (below bachelor)

0.43 %

University Degree

6.42 %

Commuter

Travel To Work

By Car

89.2 %

By Public Transit

0.75 %

By Walking

8.81 %

By Bicycle

0.0 %

By Other Methods

1.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.78 %

Houses

37.22 %

3800 40 Avenue Unit# 78, Vernon, British Columbia, V1T 6S3