10 Jim Ogilvie Way, Kimberley

$14,200,000

MLS® 10354845

MLS® 10354845 10 Jim Ogilvie Way, Kimberley, British Columbia $14200000

Home » Listings » 10 Jim Ogilvie Way, Kimberley

Prime Investment Opportunity – Newly Constructed 39-Unit Multi-Family Apartment Step into a turn-key investment with this brand-new, purpose-built 39-unit apartment complex, offering a modern, low-maintenance asset with immediate income and long-term upside. Designed for broad rental appeal, the unit mix includes: 12 Three-Bedroom Units 9 Two-Bedroom Units 18 One-Bedroom Units Each unit is thoughtfully designed with quality finishes, functional layouts, and modern amenities to attract and retain tenants. The property features designated parking for all units and individual storage opportunity, increasing convenience for residents. This investment features a steady gross income with a Cap Rate of 4.6%. The New Construction means low maintenance with strong depreciation benefits. This property is ideal for investors seeking stable cash flow and long-term asset appreciation. Kimberley boasts strong market fundamentals with limited Inventory thus Increasing Demand, desirable Lifestyle Migration, and growing Population. It is a market with solid rental yields, room for capital appreciation, and a quality of life draw that fuels demand. It’s an ideal time to get in ahead of further growth, especially as lifestyle-driven migration and tourism continue to surge. Compared to over-saturated markets, Kimberley offers competitive cap rates for well-positioned income properties with the demand for quality rental sites outpacing supply. (id:44056)

Property Details

Full Address:: 10 Jim Ogilvie Way, Kimberley, British Columbia
Price:: $ 14,200,000
MLS Number:: 10354845
List Date:: July 7th, 2025
Lot Size:: 0.62 ac
Year Built:: 2023
Taxes:: $ 57,508

Interior Features

Appliances:: Refrigerator, Range - Electric, Dishwasher, Microwave
Flooring:: Laminate
Air Conditioning:: Wall unit
Heating:: Electric

Building Features

Sewer:: Municipal sewage system
Water:: Municipal water
Roof:: Unknown, Unknown
Zoning:: Multi-Family
Exterior:: Metal
Ownership Type:: Freehold
Taxes:: $ 57,508

Floors

Land

Lot Size:: 0.62 ac

Neighbourhood Features

Amenities Nearby:: Family Oriented, Pets Allowed, Rentals Allowed

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by

Barry Benson Royal LePage Rockies West
250-342-5809

Request Listing Info

URL
This field is for validation purposes and should be left unchanged.
Name*
First Last
Email*
Phone
This field is hidden when viewing the form
Subject

Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Barry Benson
Royal LePage Rockies West

Similar Listings