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Investment signal

$6,200,000

1375 Green Bay Road

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Beds

Baths

Sqft

Year

Type

Other

Suite

Investment signal

Location nearby

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

About this home

Green Bay Mobile Home Park is a one of a kind investment opportunity with canal / boat access to Okanagan Lake! Exceptional location in WestKelowna. 6.25 acres in one of the hottest developing areas in BC. Green Bay Mobile Home Park offers waterfront living and currently consists of 38 mobile home pads with potential to add up to 12 more pads. Current gross income has significant upside when adding 8 to 12 additional rental pads on vacant portion of land to the existing rent roll. Connected to city sewer and water. Exceptional future development potential as OCP designates as future residential development. Subdivide into 30+ single family residential lots with canal access to lake (or possibly duplex, or multifamily) with excellent holding income in the meantime. Do not wait on this one! Excellent income property with exceptional development potential. (id:65958)

Subtype
Other
Structure
Other
Community
Westbank Centre
Lot size
6.25 acres
Lot dimensions
6.25
On market
Mar 23, 2026
Status changed
Apr 24, 2026
Photos
8
MLS#
10380378
Area
WEST_KELOWNA
Negative cash flow ~$6,353/mo at these assumptions

Cash on cash

-6.15%

Cap rate

3.63%

GRM

16.7

Break-even rent

$37,688

Financing

Down payment$1,240,000
Loan amount$4,960,000
Mortgage$25,132/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,842
Insurance$80
Maintenance$5,167
CapEx reserve$2,583
Vacancy loss$1,550

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 $25,132/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 24, 2026.

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