* 2-BEDROOM LEGAL SUITE - AIR BNB POTENTIAL * Discover an exceptional opportunity with this charming, beautifully maintained home complete with 2- bedroom legal suite, ready to provide income for savvy investors or homeowners looking to off-set their mortgage. Set on a private and spacious 0.34 acre lot, this property offers a rare amount of usable outdoor space with plenty of room to relax, entertain, garden, or simply enjoy the privacy and mature surroundings - complete with covered patio. Zoned for up to four dwellings, the property also offers excellent flexibility and long-term development potential. It's convenient location provides easy access to local amenities, schools, shopping, and transit, making it ideal for families, professionals, and retirees alike. * HIGH-VALUE UPGRADES: 2025 roof (including new eavestroughs and fascia), 2025 hot water tank, 2019 furnace and kitchen cabinet re-facing. Zoning allows short-term rentals (BC and West Kelowna regulations apply) - excellent opportunity for an AirBnb business. Additional features include a spacious workshop and ample parking for an RV or boat. Flex-room can easily be made into a 5th bedroom. Don’t miss this rare chance to own a versatile property with big-ticket upgrades, strong income potential and future upside. Perfect home for investors or homeowners seeking flexibility and value. Call us for full details and book your viewing today! (id:44056)

Property Details

Full Address:
2545 Colleen Road, West Kelowna, British Columbia
Price:
$ 879,900
MLS Number:
10388812
List Date:
May 25th, 2026
Neighbourhood:
Lakeview Heights
Lot Size:
0.34 ac
Year Built:
1972
Taxes:
$ 4,116

Interior Features

Bedrooms:
4
Bathrooms:
2
Air Conditioning:
Central air conditioning
Heating:
Forced air
Fireplaces:
1
Fireplace Type:
Electric, Unknown
Basement:
Full, Remodeled Basement

Building Features

Architectural Style:
Multi-level
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Garage:
RV, Oversize, See Remarks, Additional Parking
Garage Spaces:
7
Ownership Type:
Freehold
Taxes:
$ 4,116

Floors

Finished Area:
2583 sq.ft.

Land

View:
Mountain view, Valley view, View (panoramic)
Lot Size:
0.34 ac
Road Type:
Cul de sac

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

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Listing Agent(s)

Listing: Jeremy Engstad
Oakwyn Realty Okanagan

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