Property Description
**Rare legal 3-plex investment opportunity in a prime central Kelowna location.** This well-maintained, income-producing property offers 6 bedrooms and 4 full bathrooms across three self-contained units—an excellent addition to any portfolio. Located just blocks from Kelowna General Hospital, Okanagan Lake, the future downtown UBCO campus and less than one block to the Ethel Street bike corridor, this area consistently attracts strong tenant demand. Each unit features a functional two-storey layout with a living room, kitchen, dining area, and 2-piece bathroom on the main floor, finished with durable polished concrete flooring. Upstairs offers two bedrooms per unit. The front unit is especially desirable, featuring two primary bedrooms, each with its own 4-piece ensuite and access to a sunny south-facing deck. Units 2 and 3 each include two bedrooms and one full bathroom, with Unit 3 mirroring Unit 2. All appliances are under five years old, and each unit includes a storage shed. All three units are currently rented, providing immediate income. Month-to-month tenancies offer flexibility for future rent adjustments or repositioning. This is a rare opportunity to secure a legal multi-family property in one of Kelowna’s most sought-after rental corridors. This property would be amazing for short-term rentals, if the city changes its current short term rental policies. (id:6770)
Overview
Price
$
1,649,946
MLS #
10379558
Age
2006
Size
3196 sqft
Lot Size
0.14
acres
Bedrooms
6
Bathrooms
7
Cooling
Wall unit
Appliances
Refrigerator, Dishwasher, Oven - Electric, Range - Electric, Water Heater - Electric, Washer/Dryer Stack-Up
Water
Municipal water
Sewer
Municipal sewage system
Flooring
Concrete, Laminate
Property Type
Single Family
Roof
Unknown
Stories
2
Listing Office
Royal LePage Kelowna
Main level
Living room
13'1'' x 12'11''
Kitchen
16' x 13'4''
Dining room
12'3'' x 8'5''
2pc Bathroom
3'5'' x 7'4''
Living room
31'1'' x 12'11''
Kitchen
16' x 13'4''
Dining room
12'3'' x 8'5''
2pc Bathroom
3'5'' x 7'4''
Living room
16'9'' x 16'2''
Kitchen
16'9'' x 12'5''
Foyer
7'10'' x 6'1''
2pc Bathroom
4'8'' x 5'7''
Second level
Bedroom
16' x 11'
Primary Bedroom
12'2'' x 14'4''
4pc Bathroom
8'4'' x 8'2''
Bedroom
16' x 11'
Primary Bedroom
12'2'' x 14'4''
4pc Bathroom
8'4'' x 8'2''
Bedroom
11'5'' x 12'4''
Full ensuite bathroom
4'10'' x 7'5''
Primary Bedroom
11'5'' x 12'5''
4pc Ensuite bath
4'11'' x 7'5''
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