Investment Property
For Sale Multifamily

Artium Student Residence

125 Dundas Road, Kelowna, BC V1X 3X6 Canada
Investment Property
For Sale Multifamily

Artium Student Residence

125 Dundas Road, Kelowna, BC V1X 3X6 Canada
Lot Size
19,471 SF
Lot Size
19,471 SF

OVERVIEW

Cushman & Wakefield and Royal LePage Kelowna Commercial presents investors the opportunity to acquire a 100% freehold interest in Artium Student Residence, located at 125 Dundas Road, Kelowna, BC (the “Property”), a 23-unit, 97-bed off-campus student housing facility comprised of three, four, and five-bedroom units. Strategically positioned in Kelowna’s Rutland neighbourhood, the Property has remained in excellent condition since it’s construction in 2017. The prime location along a major bus route with service to UBCO, Okanagan College, and Downtown Kelowna combined with a plethora of nearby retail amenities offers students an unmatched lifestyle of convenience and connectivity.

CONTACT

Key Features
  • Property is held in a bare trust nominee which an investor may elect to acquire to avoid Property Transfer Tax (“PTT”)
  • Unique opportunity to consistently increase rental revenue due to higher tenant turnover – 63% and 56% in 2023 and 2024, respectively

Details

Sale Price:
Contact us for pricing
Lot Size:
19,471 SF

CONTACT

Artium Student Residence

LOCATION

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