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Investment signal

$430,000

2250 Majoros Road Unit# 412

Beds

2

Baths

2

Sqft

Year

2019

About this home

Welcome to 412 2250 Majoros! This Modern Top Floor, Corner Unit has 2 Bedrooms, 2 Bathrooms, a small Den and a good size 10' x 7' Balcony. This units layout features a bedroom and bathroom on each side of the unit with the kitchen, dining and living space in the middle. Both bedrooms have large walk-in closets. Are you looking for lake view? This unit has it! Just look out your bedroom window. NEO a is certified green building with solar panels providing power and lights to the common areas reducing strata fees. An efficient HRV system provides heating and air conditioning reducing hydro bills. This unit has 9' ceilings, superior sound absorption, triple-pane windows, and LED lighting. Enjoy the rooftop patio with panoramic views, a lounge area to hang out and a gas BBQ for cooking your favourite foods. If you like to garden there are several community garden boxes available. If you like to ride your bike here is bike storage in the underground parking area. This unit comes with 1 covered secure parking stall and a storage locker. Hiking trails, beaches, restaurants, and shopping are all close by. Rentals are allowed if you are looking for an investment property. This building is pet-friendly allowing 2 dogs or 2 cats or 1 of each with no size restrictions. You are just a short walk to Gellatly beach. West Kelowna is surrounded by world-class wineries. Book a viewing today! (id:65958)

Subtype
Single Family
MLS#
10379717
Area
WEST_KELOWNA
Negative cash flow ~$882/mo at these assumptions

Cash on cash

-12.31%

Cap rate

3.43%

GRM

16.7

Break-even rent

$3,079

Financing

Down payment$86,000
Loan amount$344,000
Mortgage$2,110/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$197
Insurance$80
Maintenance$358
CapEx reserve$179
Vacancy loss$108

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $2,110/mo at 5.49% with 20% down, 25-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 13, 2026.

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