The Aurora

Kelowna , British Columbia

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Building

Stats

Property Type Multifamily - Mid-Rise
Year built 2022
Building size (SF) 83,437
Size (Ac) 1.01

Overview

The Avison Young Multi-Family Team and Ironclad Developments are pleased to offer for sale, The Aurora located at 230 Aurora Crescent, Kelowna, BC (the “Property”). This premier Kelowna asset features a large 44,130 square foot corner lot, a balanced suite-mix of 1, 2 and 3 bedroom units, superb building amenities including a fitness centre, large movie theatre, wifi in amenity areas, and is held in a bare trust, offering a purchaser the opportunity to save on the property transfer tax. This is a phenomenal opportunity for an investor to acquire a brand new rental apartment project in a rapidly growing and supply constrained market with long term stable cash flow potential.

Highlights

All units contain a mini-split for heating and cooling, full-size vented stacked washer/dryer, full stainless steel appliance package, quartz countertops and more

Individually metered units (for electricity)

Starbucks kiosk in one building

On-site pet wash

Secured bike parking

122 parking spaces (Inclusive of 78 underground parking spaces)

Completing in August/September 2022

Held in a bare trust (opportunity to save on PTT)