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New buildInvestment signal

$619,900

11815 Grant Avenue Unit# 103

Save this home

Beds

3

Baths

3 full + 1 half

Sqft

Year

2026

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Summerland. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Introducing this stylish half duplex in the heart of Summerland—a brand new, under-construction strata home offering modern comfort and convenience. Spanning 1,561 sqft across two storeys, this thoughtfully designed residence features a ductless heat pump system for efficient heating and cooling. The main floor boasts an open-concept layout with living, dining, and kitchen areas plus a 2-piece bath—perfect for everyday living and entertaining. Upstairs, you'll find the primary bedroom with a private 3-piece ensuite, two additional bedrooms, a 4-piece bath, and laundry conveniently located on the same floor. 4ft crawl space creates room for lots of extra storage! With a $225/month strata fee, one parking stall, and pet-friendly bylaws (with restrictions), this property offers low-maintenance living just minutes from downtown Summerland, schools, and parks. No age restrictions make it ideal for a range of buyers—don’t miss out on this exciting opportunity! Ready for occupancy in May 2026. BONUS - qualified first time home buyers can receive a full GST rebate! Contact the listing agent for details! (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Main Town
Common interest
Condo/Strata
Living area
1,561 square feet
Parking
1 total
Condo/HOA fee
$225 monthly
Stories
2
On market
Mar 11, 2026
Status changed
Apr 22, 2026
Annual tax
$2,292.67
Photos
28
MLS#
10379085
Area
SUMMERLAND

Features and systems

Parking

Stall

Basement

Crawl space

Appliances

RefrigeratorDishwasherOvenMicrowaveWasher/Dryer Stack-Up

Heating

Heat PumpElectric

Cooling

Heat Pump

Exterior

Other

Roof

OtherUnknown

Lot

Cul-de-sacLevel lot

Community

Pets Allowed

View

Mountain view

Fee includes

Property ManagementWaterInsuranceReserve Fund ContributionsSewer
Negative cash flow ~$707/mo at these assumptions

Cash on cash

-6.84%

Cap rate

3.50%

GRM

16.7

Break-even rent

$3,844

Financing

Down payment$123,980
Loan amount$495,920
Mortgage$2,513/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$284
Insurance$80
Maintenance$517
CapEx reserve$258
Vacancy loss$155

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,513/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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