Great opportunity to own a 1/6th of a golf cottage Predator Ridge! 1 week every 6th is yours to enjoy. Fully furnished turn key property with a single car garage, storage and your own Electric Golf Cart! Beautiful east/south views overlooking Ridge #17 and Longspoon Pond. Generate revenue with the available rental program. Owner receives 55% of summer rentals and 60% of winter. 1/6th share of all operating costs including property taxes, strata fees, heat, light, insurance and Fitness Centre within the monthly Owner's Corporation fee of $448.11. Annual Operating Cost is $448.11 x 12 = $ 5,377.32. A huge benefit of owning a 3 bedroom cottage is not having to pay the 2022 summer public rate of $799 per night to vacation at Predator Ridge. Breakeven is only 6.73 nights ($5,377.32 / $799). Phase 2 golf membership for two available, valued at $50,000 ($2,083.33 transfer fee applies). Also, at the owner's option, this property can be involved with Interval International. You can enjoy an equal quality property anywhere in Interval's World. Having two world class golf courses to play is a golfer's dream come true! And only a short distance away, just up the hill, we couldn't have asked for a better neighbour with Sparkling Hill Wellness Hotel & their beautiful world class spa. Kalamalka & Okanagan Lakes are a short drive for untold hours of boating & swimming! Skiing at Silver Star is only 45 minutes away! FYI, week of June 2 to 9 will not available to the next owner. (id:2493)More details
1/6th fractional ownership in a beautiful 2 bedroom, 2 bath rental property. Every 6th week is yours. Week starts Friday afternoon and check-out is Friday morning of the following week. Average of 8 weeks per year is yours and the schedule is set by a rotation calendar. The property is fully furnished and there is a storage locker where you can leave personal items. Amenities include outdoor and indoor pool, recreation centre, hiking trails, restaurant, grocery store - and there are two world class golf courses! Earn revenue for the weeks you don't use. A Phase 1 golf membership for two is included ($50,000 value) and a transfer fee of $1000 plus GST is payable by the buyer to Predator Ridge. Monthly fee of $308.81 includes property taxes, utilities, insurance, strata fees, etc. Annual Operating Cost is $308.81 x 12 = $3,705.72. 2023 rental rate is $699 so breakeven is 5.30 nights. Also, this is the only property in Predator Ridge that can be involved with Interval International. Call for details. (id:2493)More details
Data was last updated June 7, 2023 at 08:15 PM (UTC)
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR®
Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These
certification marks identify real estate professionals who are members of CREA and who
must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the
MLS® logo are owned by CREA and identify the quality of services provided by real estate
professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by
members of The Canadian Real Estate Association, who are responsible for its accuracy.
CREA reproduces and distributes this information as a service for its members and assumes
no responsibility for its accuracy.
Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and
other laws, and is intended solely for the private, non‐commercial use by individuals. Any
other reproduction, distribution or use of the content, in whole or in part, is specifically
forbidden. The prohibited uses include commercial use, “screen scraping”, “database
scraping”, and any other activity intended to collect, store, reorganize or manipulate data on
the pages produced by or displayed on this website.
We make ourselves available at all times. Our web site is here to help you 24 hours a day. You can search listings at your own convenience, browse reports, and read up on real estate info on your own terms. When you are ready to see a listing in person, or just have a simple question, please don't hesitate to contact us!
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.