No photos available
Investment signal

$1,000,000

530-540 Hollywood Road N

Beds

6

Baths

4

Sqft

Year

1974

About this home

First time ever on MLS. This has been a family legacy investment that you can now take over. The large corner lot makes it an amazing future investment. This full duplex was built and maintained by the current owner and shows pride of ownership. A functional layout has always been attractive to renters and, as such, long-term tenants are the norm making for a low-maintenance investment for the new owners. Out of respect for excellent tenants, showing times are limited. For details on the home or times to view, contact your favourite agent today and start to invest in your families future! (id:65958)

Subtype
Single Family
MLS#
10377882
Area
KELOWNA
Negative cash flow ~$1,946/mo at these assumptions

Cash on cash

-11.68%

Cap rate

3.55%

GRM

16.7

Break-even rent

$7,049

Financing

Down payment$200,000
Loan amount$800,000
Mortgage$4,908/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458
Insurance$80
Maintenance$833
CapEx reserve$417
Vacancy loss$250

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 $4,908/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 14, 2026.

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