687 Acadia Street,
Kelowna, BC
$1,430,000
Single Family
Property Description
The True Cost of Ownership
Monthly Finance:$7,123 Taxes & Insurance: $900/mo Total Monthly Investment: $8000
Of this, $2,400/month builds directly toward your purchase price as a Monthly Option Credit — real equity, accumulating from day one.
This program is modeled on true ownership economics: 10% down, 25-year amortization, 4.5% rate, with taxes and insurance flowing through at actual cost — no markups. You’ll enjoy the same bundle of rights as an owner — exclusive use, quiet enjoyment, and the right to sell your interest — with the option to register your interest at the Land Title Office.
The Empowered Renter Program™ Facilitated by Vantage West Realty | Powered by Cash Offer LP and affiliated partners
How it works: Cash Offer LP purchases the home and enters into a lease option agreement with you, the Tenant-Buyer. Vantage West Realty manages applicant approval, and our team works with licensed mortgage brokers to assess affordability and build a plan toward your future purchase.
Looking for a home that doubles as a great investment? This is the one. 687 Acadia sits on one of the largest lots in the subdivision and offers incredible views (come see them – you won’t be disappointed). The home was thoughtfully designed to be flexible and functional. Upstairs features three bedrooms, an open-concept kitchen, huge windows to take in the view, and a massive deck you won’t want to leave. Downstairs is where the layout really shines. Keep it as is with a full lower living space that mirrors the upper level – perfect for another family – or reconfigure it into a legal two bedroom suite while reclaiming part of the basement for the main home, adding a rec room and an extra bedroom. Whether you want 3 bed, 2 bath up and down, or a 4 bed main with a 2 bed legal suite, the choice is yours. Situated just a short walk to the university, close to transit, a short drive to the airport, and close to the new strip mall on Innovation Drive, this safe and secure neighbour won’t leave you wanting more! Add in a low-maintenance and fenced yard, a double garage, and a gas BBQ hookup on the deck, and this home is ready for you, your kids, and your toys – all that’s left to do is move in!