INVESTOR OPPORTUNITY - OWNER OCCUPANCY NOT PERMITTED. Opportunity to purchase a one-bedroom / one-bathroom condominium unit at SOPA Square. Rental income reflects a 4.08% cap rate. Approximately 635 sq. ft. Constructed in 2018. Unit is subject to a Housing Agreement registered on title. Owner-occupancy is not permitted under the terms of the Housing Agreement. Housing Agreement restricts rental rates to align with CMHC average market rent for Kelowna. Maximum allowable rent is tied to the CMHC Market Rent Report for Kelowna. As of October 2024, the CMHC-reported average monthly rent for a one-bedroom apartment in Kelowna was $1,509. Tenant eligibility requirements apply: Tenants must meet maximum allowable income thresholds. Income qualification is reviewed annually. Maximum annual household income is calculated as 40× the CMHC average monthly rent for Kelowna. Rent of approximately $1,500/month. Utilities included in all rents. Stable tenancy under income-qualified housing framework. Income/expense details available upon execution of a signed NDA.