Address
#302 148 Silver Lode Lane Vernon, BC
Price
$ 109,000
Property Attributes
  • MLS#10220640
  • TypeCondos
  • CityVernon
  • NeighbourhoodVance Creek Hotel
  • Postal CodeV1B 3M1
  • Style
  • Price$ 109,000
  • Bedrooms1
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage500
Listing Provided Courtesy Of:
Data Source:
Property Description

Incredible view! Ski/Board right from your front door. Income potential from short term rental. Hotel has room cleaning. 2 queen beds and one pull out sofa. Sleeps 6. Full kitchen. Enjoy the many amenities the building and Silver Star has to offer. Income statements show cash flow positive after all fees from 2017 - 2019 available. Contact Listing agent for documents. With so much winter and summer recreation only 30 minutes from Vernon, you'll wonder why you didn't do this earlier. Make your weekend/vacation getaway spot make you money! Part of rental pool so GST is most likely applicable. All measurements and representation to be verified by buyer if deemed important. Please note changes regarding Silver Star Resort Association See https://www.silverstarresortassociation.ca/property-sales for details 2017 Net Revenue 9,884.05 2017 Expenses 8,912.90 2017 Net Income 971.15 2018 Net Revenue 12,289.00 2018 Net Expense 8,912.90 2018 Net Income 3376.10 2019 Net Revenue 9826.09 2019 Expenses7,321.12 2019 Net Income 2504.97 Approximateprices taken from Hotel reservation system$200/ night Summer $299/ night Winter *Net Revenue is after managementcleaning, booking, and administration fees **Expenses is the monthly fee on a yearly basis. ***Information taken from Revenue and Expense statements, deemed reliable, but not guaranteed. Should be verified by Buyer if deemed important. (id:7434)

Price History
12/8/2020 Listed $126,900
2/23/2021 15% - $109,000

General Features

Ammenities Recreation, Shopping, Ski hill, Park
Building Type Apartment
Community Features Quiet Area
CommunityName Vance Creek Hotel
Features Park setting, Visual exposure
Maintenance Fee 812.21
More Information Link https://www.realtor.ca/real-estate/22651024/302-148-silver-lode-lane-vernon-silver-star
Neighbourhood Silver Star
Property Type Single Family

Interior Features

Building Fireplace Present False

Exterior Features

Land Amenities Recreation, Shopping, Ski hill, Park
Sewer Municipal sewage system
Viewtype Mountain view, View

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in V1B 3M1

Price
AVG $270K
$110K
Visits
AVG 597
166
Year Built
AVG 2000
1993