1961 Vernon Street, Lumby
Property Highlights
Distinctive Features That Set This Property Apart
Property Type
Other
Style
Residential Commercial Mix
Year Built
1901
Square Footage
1300 square feet
Bedrooms
N/A
Bathrooms
N/A
Distinguished Features
Property Overview
A Closer Look at This Distinguished Residence
Live for Free in the Heart of Lumby! Discover an incredible investment opportunity with this 5-unit complex located in the vibrant heart of Lumby, North Okanagan. This commercially zoned property features 3 residential units and 2 commercial spaces. The current rental income is substantial enough to cover the mortgage, allowing the future owner to ...
MLS Number
10364385
Listed By
Fair Realty (Kamloops)
Last Updated
Oct 1, 2025, 6:15 p.m.
Data Source
CREA
Property Specifications
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Property Specifications
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Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.
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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.
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