860 Glenwood Avenue, Kelowna, British Columbia V1Y 5M5
$1,599,599
- 6 bedrooms
- 7 bathrooms
- 3,196 Square Feet
**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 ... read more
**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:39198)
- Listing ID: 10394872
- Property Type: Single Family
- Year Built: 2006
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 0.14 Ac (Under 1 Acre) Fence |
| Parking: | Street 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family Triplex |
| Appliances: | Dishwasher, Oven - Electric, Range - Electric, Washer/Dryer Stack-Up, Water Heater - Electric and Refrigerator |
| HVAC: | Baseboard Heaters, Fireplace and Wall Unit |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Kelowna |
| Province: | British Columbia |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 16' x 11' |
| Primary Bedroom | Second level | 12'2'' x 14'4'' |
| 4pc Bathroom | Second level | 8'4'' x 8'2'' |
| Living room | Main level | 13'1'' x 12'11'' |
| Kitchen | Main level | 16' x 13'4'' |
| Dining room | Main level | 12'3'' x 8'5'' |
| 2pc Bathroom | Main level | 3'5'' x 7'4'' |
| Bedroom | Second level | 16' x 11' |
| Primary Bedroom | Second level | 12'2'' x 14'4'' |
| 4pc Bathroom | Second level | 8'4'' x 8'2'' |
| Living room | Main level | 31'1'' x 12'11'' |
| Kitchen | Main level | 16' x 13'4'' |
| Dining room | Main level | 12'3'' x 8'5'' |
| 2pc Bathroom | Main level | 3'5'' x 7'4'' |
| Bedroom | Second level | 11'5'' x 12'4'' |
| Full ensuite bathroom | Second level | 4'10'' x 7'5'' |
| Primary Bedroom | Second level | 11'5'' x 12'5'' |
| 4pc Ensuite bath | Second level | 4'11'' x 7'5'' |
| Living room | Main level | 16'9'' x 16'2'' |
| Kitchen | Main level | 16'9'' x 12'5'' |
| Foyer | Main level | 7'10'' x 6'1'' |
| 2pc Bathroom | Main level | 4'8'' x 5'7'' |
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