Don Rae Realtor


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  • 860 Glenwood Avenue Kelowna V1Y5M5

    Price : $1,599,599 Listing ID : 10394872
    6 Bedrooms 7 Bathrooms
    Property Type : Single Family Building Type : Triplex
    Title : Freehold Finished Area : 3196 sqft
    Built in : 2006 Total Parking Spaces : 4
    **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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Refrigerator, Dishwasher, Oven - Electric, Range - Electric, Water Heater - Electric, Washer/Dryer Stack-Up
    Community Features : - Features : - Structures : -
    Total Parking Spaces : 4 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 3 Cooling : Wall unit
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : Concrete, Laminate Foundation Type : -
    Heating Fuel : - Heating Type : Baseboard heaters Roof Style : Unknown
    Roofing Material : Vinyl Shingles Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Main level 2pc Bathroom 3'5'' x 7'4''
    2pc Bathroom 4'8'' x 5'7''
    Dining room 12'3'' x 8'5''
    Foyer 7'10'' x 6'1''
    Kitchen 16' x 13'4''
    Kitchen 16'9'' x 12'5''
    Living room 13'1'' x 12'11''
    Living room 16'9'' x 16'2''
    Living room 31'1'' x 12'11''
    Second level 4pc Bathroom 8'4'' x 8'2''
    4pc Ensuite bath 4'11'' x 7'5''
    Bedroom 11'5'' x 12'4''
    Bedroom 16' x 11'
    Full ensuite bathroom 4'10'' x 7'5''
    Primary Bedroom 11'5'' x 12'5''
    Primary Bedroom 12'2'' x 14'4''
    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.