860 Glenwood Avenue Kelowna, British Columbia V1Y5M5

$1,649,946

3196 sqft
6 Bed
7 Bath
MLS# 10379558

Description

**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:6770)

Overview

  • Price $1,649,946
  • MLS # 10379558
  • Age 2006
  • Stories 2
  • Size 3196 sqft
  • Bedrooms 6
  • Bathrooms 7
  • Street:
  • Rear:
  • Cooling Wall Unit
  • Appliances Refrigerator, Dishwasher, Oven - Electric, Range - Electric, Water Heater - Electric, Washer/Dryer Stack-Up
  • Water Municipal water
  • Sewer Municipal sewage system
  • Flooring Concrete, Laminate
  • Listing Office Royal LePage Kelowna
  • Fencing Fence

Room Information

  • Main level
  • Kitchen 16' x 13'4''
  • Dining room 12'3'' x 8'5''
  • 2pc Bathroom 3'5'' x 7'4''
  • Living room 31'1'' x 12'11''
  • Kitchen 16' x 13'4''
  • Dining room 12'3'' x 8'5''
  • 2pc Bathroom 3'5'' x 7'4''
  • Living room 16'9'' x 16'2''
  • Kitchen 16'9'' x 12'5''
  • Foyer 7'10'' x 6'1''
  • 2pc Bathroom 4'8'' x 5'7''
  • Second level
  • Primary Bedroom 12'2'' x 14'4''
  • 4pc Bathroom 8'4'' x 8'2''
  • Bedroom 16' x 11'
  • Primary Bedroom 12'2'' x 14'4''
  • 4pc Bathroom 8'4'' x 8'2''
  • Bedroom 11'5'' x 12'4''
  • Full ensuite bathroom 4'10'' x 7'5''
  • Primary Bedroom 11'5'' x 12'5''
  • 4pc Ensuite bath 4'11'' x 7'5''

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