8778 PALMER PLACE summerland, bc

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brand new home with a  1 bedroom self contained suite

5 bedrooms | 4 bathrooms | 2,597 sqft | 0.16 acres

$775,000 | MLS®176103

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Fantastic investment opportunity on this new home in Summerland with a legal one bedroom suite. The main house is leased at $2500/month, and the suite at $950/month generating $3450 per month in revenue creating a positive monthly cash flow no matter what the down payment. Attractive financing options available through the Summerland Credit Union offering 1.9% on a 3 yr term, or 2.4% on a 5 yr term which only increases the savings. Main floor features open concept living, a large kitchen, solid wood cabinets with soft close hardware, LED pot lights and large windows to allow plenty of natural light. Engineered hardwood, upgraded carpets, gas fireplace,the list goes on and on. 4 bedrooms, 3 bathrooms in the main house plus the one bedroom suite, peace of mind provided with the 2/5/10 new home warranty and hiking trails right outside your doors. Take advantage of over 50K in savings using the reduced interest rates,GST included. Seller will consider taking other properties in trade.

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About Wes* & Lori

*Wes Stewart Personal Real Estate Corporation® ©StewartGroup Realty

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Locations West Realty

250.486.2994 | loristewart@royallepage.ca 250.486.2794 | wesstewart@royallepage.ca

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Wes* & Lori are Top Producers with Royal LePage Locations West Realty in Penticton, BC. Together, they have built a successful real estate team and have over 25 years combined in the industry. Representing the TOP 1% in Canada for Royal LePage they are your PARTNERS FOR SUCCESS in your home buying/selling journey in the South Okanagan.