Property Type: Detached HouseOwnership: Freehold

85 Ernest Avenue

Beaverdell, BC V0H1A0

$499,000

12 bed6 bath16 parking1,400 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Lot size
1.02 acres
Frontage
150 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,295

Interior

Basement
Crawl space
Heating
Baseboard heaters, Stove, Electric, See remarks, Wood
Fireplace
Yes (5)
Fireplace type
Free Standing Metal, Unknown
Flooring
Hardwood, Vinyl

Exterior & Lot

View
Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
16 — covered indicated
Features
Oversize, See Remarks, Heated Garage, Additional Parking

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Full bathroomMain level
Full bathroomMain level
Full bathroomMain level
Full bathroomMain level
Full bathroomMain level
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level12' x 10'
BedroomMain level9'2'' x 11'5''
Full bathroomMain level7'9'' x 11'3''
Primary BedroomMain level11'8'' x 13'2''
Living roomMain level13'3'' x 15'8''
Dining roomMain level11'7'' x 21'10''
KitchenMain level11'10'' x 17'7''

Listing Information

MLS®
10271290
Listed
April 3, 2023
Time on market
On the market for 1246 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Kelowna · Data source: CREA DDF.

Description

INVESTORS/RETIREE WANT TO BE! Mobile home park, Main home with 5 mobile homes, each home has 2 bedrooms and 1 bathroom, also has 10 storage lockers, 70,000 annual Gross income. Zero vacancy rate, Tenants are long term and amazingly work together to form their small community. Well produces plenty of water and has a water license, new water lines and septic in 2025. most tenants have their own gardens and the u/g sprinklers are on timers. Huge Shop for parking/projects/storage . 3 septic tanks to accommodate all residents. just a little over one hour to either Osoyoos or Kelowna . Less than an hour to Big White or the Midway border crossing (id:63159)

Values & Trends

This listing

$356/sqft

Building average

No other active listings in this building

Beaverdell/Carmi average

$617/sqft

8 active listing(s)

Parking: 16 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Penticton

Mainly Clear

13°C

Mainly Clear

Humidity 81%

Wind NNW 3 km/h

Tonight

12°

Tuesday

27°

Tuesday night

15°

Wednesday

24°

Wednesday night

13°

Thursday

19°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Beaverdell ElementaryElementary151 m

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Boundary (SD51)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$261.25
Total monthly cost$2,836.75
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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