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78 3800 40 Avenue, Vernon

Property Description

Investors take note. Nice 1 bedroom multi level townhome in Arbour Lee. Currently rented at $1,500.00 per month. Low strata fees of less than 250.00 per month and good return on investment. Nice top floor corner unit with tall vaulted ceilings and a multi-level design. Overall shows very well with a bit of pizzazz. Private exterior access and storage room from the west. East facing rear deck off the bedroom overlooking the town and valley. One of the last buildings in the complex to get the new exteriors and the fees and special levy have already been paid. Easy access to services downtown and to the Grey Canal Trail. The dedicated parking stall is nearby and visible from the front door, with lots of additional visitor parking on the property. Shared coin laundry facilities are a stone's throw away in the building next door. A great opportunity for your first rental / investment property or an easy add to the portfolio you have. Current lease is available on request but leased for a 1 year term Nov 1 2025 to Oct 31, 2026, @$1,500.00 per mo, then converts to a month to month. (id:43014)

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Full Address:
78 3800 40 Avenue, Vernon, British Columbia
Price:
$ 239,500
MLS Number:
10347832
List Date:
May 16th, 2025
Neighbourhood:
Alexis Park
Year Built:
1972
Taxes:
$ 1,198

Property Details

Bedrooms:
1
Bathrooms:
1
Flooring:
Tile, Laminate, Carpeted, Linoleum
Interior Features:
Laundry - Coin Op
Air Conditioning:
Window air conditioner
Heating:
Baseboard heaters, Electric

Interior Features

Architectural Style:
Other
Storeys:
1.5
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Unknown
Exterior:
Cedar Siding
Garage:
Stall
Garage Spaces:
1
Ownership Type:
Condo/Strata
Taxes:
$ 1,198
Stata Fees:
$ 237

Building Features

Finished Area:
678 sq.ft.

Floors

Land

Amenities Nearby:
Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed

Neighbourhood Features

Ratings

Commercial Info

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Agent: Don DefeoOffice: RE/MAX Vernon

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Investors take note. Nice 1 bedroom multi level townhome in Arbour Lee. Currently rented at $1,500.00 per month. Low strata fees of less than 250.00 per month and good return on investment. Nice top floor corner unit with tall vaulted ceilings and a multi-level design. Overall shows very well with a bit of pizzazz. Private […]
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78 3800 40 Avenue, Vernon

Vernon

Nestled in the picturesque North Okanagan region, Vernon offers a unique blend of natural beauty, recreational opportunities, and a vibrant community spirit. Its proximity to Kelowna International Airport, just a short 30-minute drive, makes it a convenient location for frequent travelers and visitors alike.

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