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Central Okanagan Real Estate Report Dec. 31, 2017

Weekly Top Property – 1946 Carruthers Street, Kelowna, V1Y 3B8

Top sale of the week for Central Okanagan:  Carruthers Street located in Kelowna.  This 4,827 finished floor area fourplex, will be built in 2018.  Comes with 12 washrooms and 10 bedrooms.   The property is on a 0.15 acre lot.  The fourplex was listed on the market at $2,116,000.  In only 71 days, it was sold for $2,116,000.  According to the history records of this fourplex, in 2017 it was recorded for the price of $598,800.

Based on 2017 taxes = $3,425.


Marketed as:

Superb city townhome design and private outdoor space.  Stylish design with features that include a Euro-style kitchen with hard surface countertops, a modern porcelain subway tile backsplash, wood grain flat panel modern design cabinetry, and a full six-piece appliance package. Spacious outdoor living space comes with each unit. Each home comes with a professionally landscaped garden area, and has the ability to have an optional outdoor kitchen for entertaining family and guests.  This development will consist of four two-level townhomes.

Here is a look at the basic statistics for residential real estate sales:

Status: Sold (42)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$59,900
$55,000
8

1

Max
$2,116,000
$2,116,000
263
10
12
5200
Avg
$535,343
$520,662
65
3
3
1786
Sum
$22,484,400
$21,867,800




Criteria:  

MLS is 'OMREB'
Major Area is 'Central Okanagan'
Sold Date is 12/25/2017 to 12/31/2017
Property Type is one of 'Single Family Residential', 'Strata', 'Manufactured Home', 'Lots and Acreages', 'Recreation'

Compared to last week

Status: Sold (91)


List Price
Sold Price
DOM
Beds
Total Baths
Finished Floor Area
Min
$64,900
$55,000
5
1
1

Max
$1,798,800
$1,750,000
252
8
5
5000
Avg
$595,295
$575,132
61
3
3
1882
Sum
$54,171,867
$52,337,045




 

Breakdown of the Sales for the Week
Lots & Acreages

2

Manufactured Homes

1

Recreational

0

Single Family Residential

19

Strata - Apartments

14

           - Townhouses

6


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