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10 Jim Ogilvie Way, Kimberley
2025-07-07
Quick Summary
- Location
- 10 Jim Ogilvie Way, Kimberley, British Columbia V1A3G7
- Price
- $14,200,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 2023
MLS®#10354845
Property Description
Prime Investment Opportunity – Newly Constructed 39-Unit Multi-Family Apartment Step into a turn-key investment with this brand-new, purpose-built 39-unit apartment complex, offering a modern, low-maintenance asset with immediate income and long-term upside. Designed for broad rental appeal, the unit mix includes: 12 Three-Bedroom Units 9 Two-Bedroom Units 18 One-Bedroom Units Each unit is thoughtfully designed with quality finishes, functional layouts, and modern amenities to attract and retain tenants. The property features designated parking for all units and individual storage opportunity, increasing convenience for residents. This investment features a steady gross income with a Cap Rate of 4.6%. The New Construction means low maintenance with strong depreciation benefits. This property is ideal for investors seeking stable cash flow and long-term asset appreciation. Kimberley boasts strong market fundamentals with limited Inventory thus Increasing Demand, desirable Lifestyle Migration, and growing Population. It is a market with solid rental yields, room for capital appreciation, and a quality of life draw that fuels demand. It’s an ideal time to get in ahead of further growth, especially as lifestyle-driven migration and tourism continue to surge. Compared to over-saturated markets, Kimberley offers competitive cap rates for well-positioned income properties with the demand for quality rental sites outpacing supply. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Ski area
Building
- Appliances: Refrigerator, Dishwasher, Range - Electric, Microwave
- Cooling Type: Wall unit
- Exterior Finish: Metal
- Fireplace: No
- Flooring Type: Laminate
- Building Type: Multi-Family
- Utility Water: Municipal water
Features
- Feature: Balcony
Land
- Land Size: 0.62 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal LePage Rockies West
Listing information last updated on: 2025-11-12 19:53:57
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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