1425 Highland Drive South, Kelowna, V1Y3W3

Home Overview

Description

INVESTOR ALERT! LEGAL SUITE— MF1-ZONE —LISTED BELOW TAX ASSESSED VALUE! Rare opportunity in the highly desirable Kelowna–Glenmore area. This fully rented 5-bedroom, 3-bath home offers strong income potential with a legal 2-bedroom suite and tenants already in place (main tenant sublets suite). Built in 1991, this well-kept 1,982 sq. ft. home features durable contemporary wood-look vinyl plank flooring, a functional layout with 3 bedrooms up and 2 bedrooms down, and separate entrance for the suite. Each level enjoys its own hot water tank, and while laundry is currently shared, there is a rough-in for stacking laundry off the main front entrance if desired. In addition there is a huge crawl space under the stairs for extra storage or if you wanted to add furnace ducting. Currently heated by electric baseboards. The property sits on a generous 0.18-acre fenced lot with single carports on each side, ideal for multi-tenant parking. Included are 7 appliances (2 fridges, 2 stoves, dishwasher, washer & dryer). Whether you’re expanding your rental portfolio or seeking a mortgage helper property in a central location, this one checks all the boxes—location, zoning, income, and value. (Pictures are from when vacant for Tenant Privacy). If new owner lives Upstairs, this would work as a EXCELLENT BED & BREAKFAST because of its location. The entire home will be vacant for immediate possession June 1, 2026 (id:39198)

141 days

On Market

Single Family

Property Type

$4,326 / Year

Est. Taxes

House

Style

-

Garage

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Basement