$ 1.229.000

885 Walrod Street, Kelowna

  • Bedrooms: 7
  • Bathrooms: 3
  • Living area: 2759 square feet
  • Type: Residential
  • Added: 130 days ago
  • Updated: 2 days ago
  • Last Checked: 5 hours ago
Investment Opportunity! Rare 7 bedroom, 3 bathroom home incl. a 2 bed LEGAL SUITE plus an IN LAW SUITE. Incredible value and holding potential here. Main house upper level has 3 beds, 1 bath, nicely maintained with bright kitchen/living area. Fantastic layout and new deck off the kitchen. Downstairs in law suite has 2 beds, 1 bath, lots of natural light and is well kept with its own laundry. LEGAL SUITE offers 2 beds, 1 bath and features fresh new paint, new fridge, & plenty of bright living space & windows and its own laundry. Great option for a large family with in laws while still earning income from the legal suite OR buy & hold as an investment with rental income. Plenty of parking available as well as detached garage off the laneway access in the back. Recent landscaping, gutters, exterior updates and brand new roof in 2024. This home is a turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord and generate rental income from the suite. New MF1 zoning. Steps away from Walrod park, the location doesn't get any better. 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+ and currently generates excellent rental income. Reach out for all of the details! (id:1945)
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Property DetailsKey information about 885 Walrod Street

  • Roof: Asphalt shingle, Unknown
  • Cooling: Wall unit
  • Heating: Baseboard heaters, Forced air, Electric, See remarks
  • Stories: 2
  • Year Built: 1958
  • Structure Type: House

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 2759
  • Bedrooms Total: 7

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 885 Walrod Street

  • Lot Features: Level lot
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Features: Detached Garage, Other, Rear, RV, Street, See Remarks
  • Lot Size Dimensions: 0.16

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 885 Walrod Street

  • Zoning: Unknown
  • Parcel Number: 004-819-179
  • Tax Annual Amount: 5026.52
Room Dimensions
Type Level Dimensions
4pc Bathroom Third level 7'10'' x 4'11''
Living room Third level 11'10'' x 16'3''
Laundry room Second level 7'8'' x 7'10''
Kitchen Second level 13'2'' x 12'10''
Dining room Main level 10'1'' x 9'9''
Primary Bedroom Main level 8'11'' x 11'11''
Bedroom Third level 9'8'' x 11'10''
Dining room Third level 8'5'' x 9'0''
4pc Bathroom Second level 11'3'' x 5'6''
Primary Bedroom Second level 13'3'' x 11'11''
Bedroom Main level 11'5'' x 8'3''
Living room Main level 16'7'' x 11'11''
Primary Bedroom Third level 9'10'' x 12'9''
Kitchen Third level 8'0'' x 10'2''
Bedroom Second level 11'9'' x 9'10''
4pc Bathroom Main level 9'0'' x 4'10''
Bedroom Main level 11'4'' x 9'6''
Kitchen Main level 10'0'' x 9'4''
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Nearby Listings Stat

Active listings
83
Min Price
$599,000
Max Price
$2,999,000
Avg Price
$1,078,149
Days on Market
76 days
Sold listings
26
Min Sold Price
$619,000
Max Sold Price
$2,280,000
Avg Sold Price
$1,080,565
Days until Sold
68 days
Additional Information about 885 Walrod Street

This House at 885 Walrod Street Kelowna, BC with MLS Number 10319303 which includes 7 beds, 3 baths and approximately 2759 sq.ft. of living area listed on Kelowna market by Lani Rae - Century 21 Assurance Realty Ltd at $1,229,000 130 days ago.

We have found 6 Houses that closely match the specifications of the property located at 885 Walrod Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,089,000 and 1,698,000.

The current price of the property is $1,229,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $1,020,070. This would result in a monthly mortgage payment of $5,747 over a 25-year amortization period.

More Details?
Lani Rae
  • Lani Rae
  • Century 21 Assurance Realty Ltd
  • 250-864-6263
  • WebSite

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