Area: British Columbia
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Investment Opportunity! Rare 7 bedroom, 3 bathroom home incl. a 2 bed LEGAL SUITE plus an IN LAW SUITE. Incredible value and holding potential here. Main house upper level has 3 beds, 1 bath, nicely maintained with bright kitchen/living area. Fantastic layout and new deck off the kitchen. Downstairs in law suite has 2 beds, 1 bath, lots of natural light and is well kept with its own laundry. LEGAL SUITE offers 2 beds, 1 bath and features fresh new paint, new fridge, & plenty of bright living space & windows and its own laundry. Great option for a large family with in laws while still earning income from the legal suite OR buy & hold as an investment with rental income. City has indicated alignment with provincial short term rules which opens up this property for being an Air BNB if owner occupies a portion of the home. Plenty of parking available as well as detached garage off the laneway access in the back. Recent landscaping, gutters, exterior updates & brand new roof in 2024. Turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord and generate rental income from the suite. MF1 zoning. Steps away from Walrod park, the location doesn't get any better. Ideal proximity to shopping, dining, breweries, transportation, Okanagan Lake, Knox Mountain, the new UBCO downtown location & so much more. As far as rentals in Kelowna go, this home shows A+ & currently generates excellent rental income. Reach out for details! (id:44056)

Property Details

Full Address:
885 Walrod Street, Kelowna, British Columbia
Price:
$ 1,229,000
MLS Number:
10319303
List Date:
July 10th, 2024
Lot Size:
0.16 ac
Year Built:
1958
Taxes:
$ 5,027

Interior Features

Bedrooms:
7
Bathrooms:
3
Air Conditioning:
Wall unit
Heating:
Baseboard heaters, Forced air, Electric, See remarks

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Garage:
Detached Garage, Other, Rear, RV, Street, See Remarks
Ownership Type:
Freehold
Taxes:
$ 5,027

Floors

Finished Area:
2759 sq.ft.

Land

Lot Size:
0.16 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Lani Rae Century 21 Assurance Realty Ltd
 250-864-6263
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Listing Agent(s)

Listing: Lani Rae
Century 21 Assurance Realty Ltd

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