For Sale: 850 N Hollywood Road, Kelowna, BC - REW
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$1,249,000
9 bd • 5 ba • 3581 sf • House
850 N Hollywood Road
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$1,249,000
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850 Hollywood Road NKelowna, BC, V1X 5Y7

Rutland
  • 9 Bed
  • 5 Bath
  • 3581 Sqft
  • House

About this home

Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:63626)
Listed by: Sam Belete, Royal LePage Kelowna

Home facts and features

Price details
List Price
$1,249,000
Get Pre-Approved
Gross Taxes for 2026
$5,418
Home facts
Bedrooms
9
Full Bathrooms
5
Parking Spaces
12
Parking Details
Additional Parking, Attached Garage
Property Type
House
Lot Size
61 ft x 0 ft (9147 ft²)
Depth
Frontage
61.0 feet
Year Built
Built in 1990 (36 yrs old)
Title
Freehold
Exterior Finish
Vinyl siding
Heating Type
See remarks
Cooling
Central air conditioning
Basement Details
Full
Features
Level lot, Smoke Detector Only
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Kelowna
Listing details
Days on REW
70 Days
Property Views
45
MLS® Number
10381211
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

Pearson Road School
  • Public
  • Pre-K - 5
Rutland Middle School
  • Public
  • 6 - 8
Rutland Senior Secondary School
  • Public
  • 9 - 12
Heritage Christian School
  • Independent
  • K - 12
Studio 9 Independent School of the Arts
  • Independent
  • K - 12
Rutland Elementary School
  • Public
  • K - 5
South Rutland School
  • Public
  • Pre-K - 5
Belgo Elementary School
  • Public
  • K - 6
Quigley Elementary School
  • Public
  • K - 5
Springvalley Elementary School
  • Public
  • K - 5
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
Sam Belete
Phone:
(250) 351-6029
Office:
250-860-1100
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