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860 Glenwood Avenue, Kelowna

MLS® #10394872
About this Property

**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:62865)

Property Information

Status

Active

Year Built

2006

Property Type

Triplex

Ownership

Freehold

Parking Spaces

4

Annual Tax

$7,247

Parcel Number

012-119-075

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

6

Bathrooms

7

Living Area

3196 square feet

Flooring

ConcreteLaminate

Appliances

RefrigeratorOven - ElectricRange - ElectricDishwasherWasher/Dryer Stack-UpWater Heater - Electric
Exterior & Lot

Lot Size

0.14 acres

Fencing

Fence

Building & Utilities

Roof

Vinyl Shingles,Unknown

Heating

Baseboard heaters

Cooling

Wall unit

Water Source

Municipal water

Sewer

Municipal sewage system

$1,599,599

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
6Beds
7Baths
3196sqft
Listing Courtesy of

Office

Royal LePage Kelowna

Mortgage Calculator
$319,920

Loan Amount:

$1,279,679

Estimated Monthly Payment:

$6,236

This is an estimate for informational purposes only. Consult with a financial advisor.