For Sale: 1175-1179 Raymer Avenue, Kelowna, BC - REW
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$1,749,000
8 bd • 3 ba • 4220 sf • Fourplex
1175-1179 Raymer Avenue
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$1,749,000
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1175-1179 Raymer AvenueKelowna, BC, V1Y 4Z7

South Pandosy - KLO
  • 8 Bed
  • 3 Bath
  • 4220 Sqft
  • Fourplex

About this home

4 SUITES • $7,087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1,100 sq. ft. each, while the lower suites are approximately 1,000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7,087/month, with 1179A at $1,800, 1179B at $2,100, 1175A at $1,367 and 1175B at $1,820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:63626)
Listed by: Herman Neustaedter, Judy Lindsay Okanagan

Home facts and features

Price details
List Price
$1,749,000
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Gross Taxes for 2026
$8,571
Home facts
Bedrooms
8
Full Bathrooms
3
Parking Spaces
8
Parking Details
Street
Property Type
Fourplex
Lot Size
9583 ft²
Depth
Year Built
Built in 1973 (53 yrs old)
Title
Freehold
Exterior Finish
Stucco
Heating Type
Baseboard heaters, Forced air, Electric, See remarks
Features
Level lot, Private setting
Community
Agent details
Primary Agent
Primary Broker
Judy Lindsay Okanagan
Listing details
Days on REW
57 Days
Property Views
199
MLS® Number
10394668
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Kelowna Secondary School
  • Public
  • 10 - 12
KLO Middle School
  • Public
  • 7 - 9
Immaculata Regional High School
  • Independent
  • 8 - 12
Raymer School
  • Public
  • Pre-K - 6
A S Matheson School
  • Public
  • Pre-K - 6
Casorso Elementary School
  • Public
  • K - 6
Kelowna Christian School
  • Independent
  • K - 12
St Joseph Elementary School
  • Independent
  • K - 7
Bankhead Elementary School
  • Public
  • K - 6
Willowstone Academy
  • Independent
  • K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Herman Neustaedter
Phone:
(250) 864-9197
Cell:
(250) 864-9197
Office:
250-762-0996
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