




This 8-bedroom, 5-bathroom single family in Kelowna offers 3,211 sqft of living area on a 0.14 ac lot. Built in 2020, 2 storeys. The property has lot dimensions of 0.14. The home features forced air heating, central air conditioning.
First time ever offered for sale! This exceptional North Glenmore 8 bedroom/5 bathroom 2020-built home features TWO INCOME SUITES - a 3-bedroom suite and a bachelor suite, both with private entrances. There is truly nothing else like this on the market, especially when you factor in the location and proven income. The current owners have generated up to $72,000/year, and the property comes with valid short-term rental licensing from both the city and province - A rare turnkey investment opportunity. Designed with flexibility in mind, this home is ideal for multi-generational living or maximizing rental income. The high-end finishings, 9-foot ceilings, and thoughtful layout showcase quality and attention to detail throughout. Outside, you’ll find plenty of parking with room to expand, along with a shared central green space, perfect for guests to relax and unwind. This is a unique bare land strata consisting of just two detached homes that share the central green space. Each owner is otherwise fully independent, meaning -No strata fees and No restrictive bylaws. With a proven income track record, this property offers the opportunity to cover your entire mortgage while generating additional cash flow. A standout property combining lifestyle, flexibility, and serious income potential. THIS ONE IS STILL AVAILABLE & EASY TO SHOW! (id:60351)
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Sitting proudly in the desirable North Glenmore area of Kelowna, this exceptional single-family home is a rare gem hitting the market for the very first time. Spanning 3,211 square feet and built in 2020, this property boasts an impressive eight bedrooms and five bathrooms, making it ideal for multi-generational living or maximizing rental income. The home's standout feature is its two income suites—one a spacious three-bedroom unit and the other a cozy bachelor suite, both with private entrances. With valid short-term rental licensing from both city and province, this property has generated up to $72,000 annually. The interior showcases high-end finishings, 9-foot ceilings, and an open layout that exudes quality and elegance. Outside, the generous parking area offers potential for expansion, while a shared central green space provides a serene retreat for guests. As part of a unique bare land strata with only two detached homes, this property ensures no strata fees or restrictive bylaws, offering unparalleled independence and flexibility. This distinctive investment opportunity not only covers your mortgage but also generates substantial additional cash flow, making it an ideal choice for savvy investors seeking both lifestyle and financial returns.
Listed by Derek Leippi, 2 Percent Realty Interior Inc.
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Listing represented by Derek Leippi, 2 Percent Realty Interior Inc. · MLS# 10384927
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.