$1,099,000
FOR SALE

Detached

Bedrooms: 7Bathrooms: 3Lot: 50 x 0 ft

885 Walrod Street
Kelowna, BC V1Y 2S4 | Kelowna North

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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Listed By Century 21 Assurance Realty Ltd
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10374368
Last Updated Apr 16, 2026
Property Summary
Property Type Detached

More like this:
Neighbourhood Kelowna North
Price History

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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 roomSecond level7'10'' x 7'8''
KitchenSecond level12'10'' x 13'2''
4pc BathroomSecond level5'6'' x 11'3''
Primary BedroomSecond level11'11'' x 13'3''
BedroomSecond level9'10'' x 11'9''
4pc BathroomThird level4'11'' x 7'10''
Living roomThird level16'3'' x 11'10''
BedroomThird level11'10'' x 9'8''
Dining roomThird level9'0'' x 8'5''
Primary BedroomThird level12'9'' x 9'10''
KitchenThird level10'2'' x 8'0''
Dining roomMain level9'9'' x 10'1''
Primary BedroomMain level11'11'' x 8'11''
BedroomMain level8'3'' x 11'5''
Living roomMain level11'11'' x 16'7''
4pc BathroomMain level4'10'' x 9'0''
BedroomMain level9'6'' x 11'4''
KitchenMain level9'4'' 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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