$179,000

Maintenance, Cable TV, Reserve Fund Contributions, Electricity, Heat, Insurance, Ground Maintenance, Property Management, Other, See Remarks, Recreation Facilities, Sewer, Waste Removal, Water

$477.64 Monthly

Exceptional opportunity to acquire 1/6 share of 3 bed/3bath golf cottage at Predator Ridge. Ownership affords 1 week's exclusive enjoyment every 6 weeks. Offered fully furnished, presenting a turnkey solution, inclusive of a single-car garage, additional storage, use of an electric golf cart. Positioned to provide captivating E and S/E vistas, the cottage overlooks Ridge #17 and Longspoon Pond. Potential for revenue generation through participation in the rental program with owners' split of 55% in summer rental proceeds and 60% during winter months. Financial considerations encompass a 1/6 share of all operating expenses, encapsulating property taxes, strata fees, utilities, insurance, and access to the Fitness Centre. These costs are consolidated within a monthly Owner's Corporation fee totaling $477.64, equating to an annual operating expense of $5,731.68. Phase 2 golf membership for two individuals subject to a transfer fee of $2,291.67. Convenience is further underscored by the proximity to Kalamalka and Okanagan Lakes, facilitating recreational pursuits such as boating and swimming within a short drive. Furthermore, the renowned skiing destination of Silver Star is easily accessible within a 45-minute drive, augmenting the region's appeal for year round outdoor activities. Exceptional opportunity to invest in a coveted lifestyle enclave, combining luxury amenities with the natural splendor of the Okanagan Valley. Option to join Interval International to trade holidays (id:43334)

Property Details

Building

Parking

Land

Rooms

https://www.realtor.ca/real-estate/26898887/272-chicopee-road-unit-13a-lot-13-vernon-predator-ridge

Cheryl Soleway

(250) 308-8093
www.cherylsoleway.com/
@cherylsoleway/