885 Walrod Street Kelowna, British Columbia V1Y2S4

$1,075,000

2759 sqft
7 Bed
3 Bath
MLS# 10374368

Description

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:6770)

Overview

  • Price $1,075,000
  • MLS # 10374368
  • Age 1958
  • Stories 2
  • Size 2759 sqft
  • Bedrooms 7
  • Bathrooms 3
  • Additional Parking:
  • Detached Garage: 0
  • Street:
  • Other:
  • Rear:
  • RV:
  • Cooling Wall Unit
  • Water Municipal water
  • Sewer Municipal sewage system
  • Listing Office Century 21 Assurance Realty Ltd
  • Landscape Features Level

Room Information

  • Main level
  • Primary Bedroom 11'11'' x 8'11''
  • Bedroom 8'3'' x 11'5''
  • Living room 11'11'' x 16'7''
  • 4pc Bathroom 4'10'' x 9'0''
  • Bedroom 9'6'' x 11'4''
  • Kitchen 9'4'' x 10'0''
  • Second level
  • Kitchen 12'10'' x 13'2''
  • 4pc Bathroom 5'6'' x 11'3''
  • Primary Bedroom 11'11'' x 13'3''
  • Bedroom 9'10'' x 11'9''
  • Third level
  • Living room 16'3'' x 11'10''
  • Bedroom 11'10'' x 9'8''
  • Dining room 9'0'' x 8'5''
  • Primary Bedroom 12'9'' x 9'10''
  • Kitchen 10'2'' x 8'0''

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