Property Description
INVESTOR ALERT! LEGAL SUITE— MF1-ZONE —LISTED BELOW TAX ASSESSED VALUE! Rare opportunity in the highly desirable Kelowna–Glenmore area. This fully rented 5-bedroom, 3-bath home offers strong income potential with a legal 2-bedroom suite and tenants already in place (main tenant sublets suite). Built in 1991, this well-kept 1,982 sq. ft. home features durable contemporary wood-look vinyl plank flooring, a functional layout with 3 bedrooms up and 2 bedrooms down, and separate entrance for the suite. Each level enjoys its own hot water tank, and while laundry is currently shared, there is a rough-in for stacking laundry off the main front entrance if desired. In addition there is a huge crawl space under the stairs for extra storage or if you wanted to add furnace ducting. Currently heated by electric baseboards. The property sits on a generous 0.18-acre fenced lot with single carports on each side, ideal for multi-tenant parking. Included are 7 appliances (2 fridges, 2 stoves, dishwasher, washer & dryer). Whether you’re expanding your rental portfolio or seeking a mortgage helper property in a central location, this one checks all the boxes—location, zoning, income, and value. (Pictures are from when vacant for Tenant Privacy). If new owner lives Upstairs, this would work as a EXCELLENT BED & BREAKFAST because of its location. City of Kelowna is short on BnB's right now with the restrictions by the province added in 2023! Also Seller will consider trades to Vancouver Island. (id:6770)
Overview
Price
$
799,900
MLS #
10370610
Age
1991
Size
1982 sqft
Lot Size
0.18
acres
Bedrooms
5
Bathrooms
3
Exterior
Stucco
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Water
Municipal water
Sewer
Municipal sewage system
Flooring
Carpeted, Linoleum
Property Type
Single Family
Roof
Unknown
Local Amenities
Golf Nearby, Park, Recreation, Schools, Shopping
Stories
2
Listing Office
One Percent Realty Ltd.
Main level
3pc Bathroom
5'5'' x 7'9''
Bedroom
11'6'' x 9'1''
Bedroom
9'5'' x 11'1''
Kitchen
10'11'' x 13'3''
Living room
10'0'' x 13'3''
Utility room
2'1'' x 5'9''
Laundry room
5'9'' x 13'3''
Other
27'0'' x 12'0''
Other
21'0'' x 12'0''
Second level
4pc Bathroom
7'1'' x 8'0''
3pc Ensuite bath
6'6'' x 5'1''
Bedroom
11'0'' x 9'0''
Bedroom
11'1'' x 9'2''
Primary Bedroom
11'4'' x 13'3''
Kitchen
11'9'' x 11'10''
Dining room
10'0'' x 9'10''
Living room
12'6'' x 13'3''
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