List Search

125 Dundas Rd
Kelowna, BC V1X 3X6

$9,241,217 USD

Apartments For Sale  •  19,471 SF

Property Details

  • Property Type Apartments
  • Total Building Size 19,471 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 2017
  • Zoning UC4
49 Transit Score
80 Walk Score

Highlights

Property is held in a bare trust nominee which an investor may elect to acquire to avoid Property Transfer Tax (“PTT”).
Thoughtfully designed unit layouts including bathrooms with separated private showers & toilets, & two stainless steel fridges in many of the units.
Significant rental upside upon tenant turnover evidenced by the greater than 7% compound annual growth rate in monthly asking rents from 2022-2024.
Rare opportunity to inherit a best-in-class operational model perfect for investor’s seeking passive investment vehicles.
Artium Student Residences was recently constructed in 2017 by the current owner, & has since been meticulously maintained to an institutional standard
Unique opportunity to consistently increase rental revenue due to higher tenant turnover – 63% and 56% in 2023 and 2024, respectively.

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Fitness Center
  • Laundry Facilities
  • Furnished Units Available
  • Wi-Fi
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Roof Terrace
  • Bicycle Storage
  • Community-Wide WiFi
  • Lounge
  • Patio
  • Private Bathroom
  • Study Lounge

Public Transportation

AirportDriveWalkDistance
Kelowna International 11 min - 5.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes
David Venance 604-640-5871 Cushman & Wakefield
David Venance 604-640-5871 Cushman & Wakefield