2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Hero Image
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2049
Okanagan Street
Armstrong | British Columbia

Urban

Sophistication

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Scott Marshall
Scott Marshall
Presented At
$757,370
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 1
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 2
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 3
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 4
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 5
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 6
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 7
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 8
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 9
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 10
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 11
2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. - Photo 12
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2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada. , Armstrong , British Columbia

Central Location In Armstrong

Over 26 acres centrally located in Armstrong. 100 GPM (gallons per minute) well (drilled in 2020) for lots of water, whether for agricultural or domestic uses. Flat and usable, and nearby to adjacent development. Could be a good long term holding property as the community of Armstrong continues to grow. The property is completely flat and usable. The property is zoned agriculturally and is located in the ALR. The property is not leased and can be used by an owner occupier, or we can provide potential tenant options for income. This would be a great option for a fruit stand, hobby farm, or purely agricultural purposes. The land is currently not planted, so it is truly an open slate for whatever you need it to be. There is no speculation tax in this area.

Gallery

Map showing 2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada.

Property Location

2049 Okanagan Street, Armstrong, BC V4V 0B7, Armstrong, British Columbia, Canada., Armstrong British Columbia

Local Weather & Climate

Armstrong, British Columbia

Current Conditions Updated recently
39 °F
Overcast clouds
Feels Like 35°F
Humidity 71%
Wind 5 mph
Visibility 6.2 mi
Sunrise 2:16 PM
Sunset 1:56 AM
5-Day Forecast
Thu 12 Mar
Rain
High 39°
Low 38°
Fri 13 Mar
Clouds
High 37°
Low 24°
Sat 14 Mar
Clouds
High 38°
Low 21°
Sun 15 Mar
Clouds
High 37°
Low 20°
Mon 16 Mar
Snow
High 40°
Low 31°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Armstrong?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Armstrong. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $75,737,000 20% down ($15,147,400)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$6,508
$6,508/day
Your home may appreciate while you sleep
$45,682/week $197,954/mo $2,375,443/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$41.7M
vs
OWN 📈 +$59.1M
$59.1M Potential Equity
vs $41.7M lost to rent over 10 years
$15.1M Down Payment Growth
3.9x
10yr
$59.1M
8.1x
20yr
$122.4M
12.6x
30yr
$191.3M
Wealth Comparison
×455
Equivalent to 455 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $191.3M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $89.2M +18%
Market $103.1M +36%
Optimistic $119.0M +57%
$59.1M est. equity
20 Years
Conservative $105.0M +39%
Market $140.5M +85%
Optimistic $187.0M +147%
$122.4M est. equity
30 Years
Conservative $123.7M +63%
Market $191.3M +153%
Optimistic $293.9M +288%
$191.3M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property is listed at $75,737,000.
Based on current market indicators, Armstrong shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a land parcel located in Armstrong, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Scott Marshall

Scott Marshall

Sotheby's International Realty Canada

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