5 bed home PLUS 2 bed LEGAL SUITE! Incredible value & holding potential. Legal suite was added on to the rear of the home (laneway access) allowing it to be offset from the main part of the house. This makes it so you don't get any of the typical up/down noise transfer between occupants. Main house upper level has 3 beds, 1 bath, well maintained with bright kitchen/living area and access to private laundry. Fantastic layout & new deck surface off the kitchen. Lower level of main home has 2 beds, 1 bath, & 2nd private laundry. The LEGAL SUITE offers 2 beds,1 bath, fresh paint, new fridge, plenty of bright living space & its own laundry. Great option for a large family while still earning income from the legal suite OR buy & hold as an investment w/rental income. City has indicated alignment w/provincial short term rules which may open up this property for being an Air BNB if owner occupies a portion of the home. Plenty of parking available as well as detached shed for storage off the laneway access. Recent landscaping, gutters, exterior updates, paint & new roof in 2024. Turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord & generate rental income from the suite. MF1 zoning. 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. (id:47421)
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Detailed Information
Bedrooms
7
Bathrooms
3
Lot
50 x 0 ft
Amenities Nearby
Public Transit, Park, Recreation, Shopping
Features
Level lot
Listing Contract Date
2026-01-30
Municipal ID
004-819-179
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Building
Constructed Date
1958
Construction Style (Attachment)
Detached
Cooling Type
Wall unit
Heating Fuel
Electric
Heating Type
Baseboard heaters, Forced air, See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Laundry room
Second level
7'10'' x 7'8''
Kitchen
Second level
12'10'' x 13'2''
4pc Bathroom
Second level
5'6'' x 11'3''
Primary Bedroom
Second level
11'11'' x 13'3''
Bedroom
Second level
9'10'' x 11'9''
4pc Bathroom
Third level
4'11'' x 7'10''
Living room
Third level
16'3'' x 11'10''
Bedroom
Third level
11'10'' x 9'8''
Dining room
Third level
9'0'' x 8'5''
Primary Bedroom
Third level
12'9'' x 9'10''
Kitchen
Third level
10'2'' x 8'0''
Dining room
Main level
9'9'' x 10'1''
Primary Bedroom
Main level
11'11'' x 8'11''
Bedroom
Main level
8'3'' x 11'5''
Living room
Main level
11'11'' x 16'7''
4pc Bathroom
Main level
4'10'' x 9'0''
Bedroom
Main level
9'6'' x 11'4''
Kitchen
Main level
9'4'' x 10'0''
Parking Spaces
Name
Spaces
Additional Parking
Detached Garage
Street
Other
Rear
RV
Land
Total Size
0.16 acres
Access Type
Easy access
Amenities
Public Transit, Park, Recreation, Shopping
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
0.16
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