Investor alert in the heart of Okanagan Falls! Just 1.5 blocks to Skaha Lake and its beautiful beaches, this well-maintained 2340 sqft home with a legal suite offers excellent revenue potential and lifestyle appeal. The upper level features 1230 sqft with 3 bedrooms, 2 bathrooms, its own laundry, and a bright, functional layout, plus additional storage downstairs. The lower 1110sqft level includes an approximately 850 sqft 2-bedroom suite with separate entrance and its own laundry—perfect for mortgage helper or full rental income. Extensively renovated in 2021, the home showcases durable vinyl plank flooring and modern updates throughout. Comfort is covered with a ductless heat pump providing efficient heating and cooling upstairs, while the lower level is serviced by electric baseboards. The property is currently generating $4,050/month in rental income, with an estimated net income of approximately $23,000 annually after expenses. Outside, enjoy a private yard complete with a hot tub, cherry tree, and included lawn tractor. Additional highlights include 200 amp service and a prime walkable location close to amenities, parks, and the lake. A solid investment or ideal opportunity for multi-generational living in a sought-after South Okanagan community! (id:44056)

Property Details

Full Address:
809 Main Street, Okanagan Falls, British Columbia
Price:
$ 785,000
MLS Number:
10387008
List Date:
May 20th, 2026
Neighbourhood:
Okanagan Falls
Lot Size:
0.19 ac
Year Built:
1963
Taxes:
$ 2,411

Interior Features

Bedrooms:
4
Bathrooms:
3
Air Conditioning:
Heat Pump
Heating:
Heat Pump, Baseboard heaters, Electric
Fireplaces:
2
Fireplace Type:
Gas, Unknown

Building Features

Architectural Style:
Ranch
Storeys:
2
Sewer:
Municipal sewage system
Water:
Irrigation District
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco, Wood siding
Garage:
Carport
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 2,411

Floors

Finished Area:
2363 sq.ft.

Land

Lot Size:
0.19 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca

Listing Agent(s)

Listing: Danielle Chapman
Royal LePage Locations West
Co-Listing: Jesse Chapman
Royal LePage Locations West

Similar Listings

Copyright © Real Estate Guide 2021 | Legal Sitemap
Area Modal Trigger
X