Featured Imagery

Exceptional Property

305 & 295 Clarissa Road, Kelowna

$2,999,000

null Bedrooms

null Bathrooms

null sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Other

Style

Residential Commercial Mix

Year Built

N/A

Square Footage

N/A

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

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Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

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**DEVELOPER ALERT** RARE opportunity to develop 1.48 acres (64,468.80 sq ft) of MF2 zoned land. MF2 zoning supports row townhomes up to 3 storeys high. The property currently features a single family home and a Tenanted fourplex (mo. to mo.). Walking distance to Ecole Belgo Elementary School, Transit and is across the street from Belgo Park. Close ...

MLS Number

10317108

Listed By

Royal LePage Kelowna

Last Updated

Apr 24, 2025, 4:00 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Other

Architectural Style

Residential Commercial Mix

Zoning

Unknown

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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No historical records are currently available for this property.

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.