Don Rae Realtor


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  • 885 Walrod Street Kelowna V1Y2S4

    Price : $1,229,000 Listing ID : 10319303
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2759 sqft
    Built in : 1958 Total Parking Spaces : 0
    Investment Opportunity! Rare 7 bedroom, 3 bathroom home incl. a 2 bed LEGAL SUITE plus an IN LAW SUITE. Incredible value and holding potential here. Main house upper level has 3 beds, 1 bath, nicely maintained with bright kitchen/living area. Fantastic layout and new deck off the kitchen. Downstairs in law suite has 2 beds, 1 bath, lots of natural light and is well kept with its own laundry. LEGAL SUITE offers 2 beds, 1 bath and features fresh new paint, new fridge, & plenty of bright living space & windows and its own laundry. Great option for a large family with in laws while still earning income from the legal suite OR buy & hold as an investment with rental income. City has indicated alignment with provincial short term rules which opens up this property for being an Air BNB if owner occupies a portion of the home. Plenty of parking available as well as detached garage off the laneway access in the back. Recent landscaping, gutters, exterior updates & brand new roof in 2024. Turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord and generate rental income from the suite. MF1 zoning. Steps away from Walrod park, the location doesn't get any better. 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. Reach out for details! (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Public Transit, Park, Recreation, Shopping Access : Easy access Appliances Inc : -
    Community Features : - Features : Level lot Structures : -
    Total Parking Spaces : 0 View : - Waterfront : -
    Zoning Type : Unknown
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Wall unit
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : Electric Heating Type : Baseboard heaters, Forced air, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : Level
    Rooms
    Level : Type : Dimensions :
    Main level 4pc Bathroom 4'10'' x 9'0''
    Bedroom 8'3'' x 11'5''
    Bedroom 9'6'' x 11'4''
    Dining room 9'9'' x 10'1''
    Kitchen 9'4'' x 10'0''
    Living room 11'11'' x 16'7''
    Primary Bedroom 11'11'' x 8'11''
    Second level 4pc Bathroom 5'6'' x 11'3''
    Bedroom 9'10'' x 11'9''
    Kitchen 12'10'' x 13'2''
    Laundry room 7'10'' x 7'8''
    Primary Bedroom 11'11'' x 13'3''
    Third level 4pc Bathroom 4'11'' x 7'10''
    Bedroom 11'10'' x 9'8''
    Dining room 9'0'' x 8'5''
    Kitchen 10'2'' x 8'0''
    Living room 16'3'' x 11'10''
    Primary Bedroom 12'9'' x 9'10''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.