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Investment signal

$499,900

8900 Jim Bailey Road Unit# 71

Save this home

Beds

3

Baths

2

Sqft

Year

2022

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Welcome to Deer Meadows Estates. This Woodland Crafted Homes Skylark manufactured home offers a bright open-concept floor plan with 1,372 sq. ft., featuring three bedrooms and two full bathrooms. The spacious kitchen, dining, and living areas create an ideal layout for comfortable everyday living and entertaining. The home is equipped with forced-air natural gas heating and central air conditioning for year-round is comfort. The laundry room includes a sink, stacker washer and dryer, and a water softener system for added convenience. Step outside to a large, low-maintenance backyard finished with artificial turf—perfect for relaxing without the upkeep. Located just steps from the scenic Okanagan Rail Trail and only a short bike ride to Wood Lake, this property offers excellent access to outdoor recreation. Conveniently situated only 10 minutes from Kelowna International Airport and UBC Okanagan, Deer Meadows Estates provides an ideal balance of lifestyle and accessibility. Furniture is included in the list price and short term rentals (STR) are allowed at Deer Meadows so it would make an excellent investment property in the Okanagan. (id:65958)

Subtype
Single Family
Structure
Manufactured Home
Community
Lake Country East / Oyama
Living area
1,372 square feet
Parking
2 total
Condo/HOA fee
$603.75 monthly
Stories
1
On market
Mar 16, 2026
Status changed
Apr 21, 2026
Annual tax
$1,900
Photos
33
MLS#
10379426
Area
KELOWNA

Features and systems

Parking

Carport

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

StoneOther

Roof

OtherUnknown

Lot

Level lotCentral island

Fee includes

Pad Rental
Negative cash flow ~$585/mo at these assumptions

Cash on cash

-7.03%

Cap rate

3.46%

GRM

16.7

Break-even rent

$3,116

Financing

Down payment$99,980
Loan amount$399,920
Mortgage$2,026/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$417
CapEx reserve$208
Vacancy loss$125

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 $2,026/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 21, 2026.

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