For Sale: 885 Walrod Street, Kelowna, BC - REW
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$1,075,000
7 bd • 3 ba • 2759 sf • House
885 Walrod Street
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$1,075,000
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885 Walrod StreetKelowna, BC, V1Y 2S4

Central City
  • 7 Bed
  • 3 Bath
  • 2759 Sqft
  • House

About this home

5 bed home PLUS 2 bed LEGAL SUITE! Incredible value & holding potential. Legal suite was added on to the rear of the home (laneway access) allowing it to be offset from the main part of the house. This makes it so you don't get any of the typical up/down noise transfer between occupants. Main house upper level has 3 beds, 1 bath, well maintained with bright kitchen/living area and access to private laundry. Fantastic layout & new deck surface off the kitchen. Lower level of main home has 2 beds, 1 bath, & 2nd private laundry. The LEGAL SUITE offers 2 beds,1 bath, fresh paint, new fridge, plenty of bright living space & its own laundry. Great option for a large family while still earning income from the legal suite OR buy & hold as an investment w/rental income. City has indicated alignment w/provincial short term rules which may open up this property for being an Air BNB if owner occupies a portion of the home. Plenty of parking available as well as detached shed for storage off the laneway access. Recent landscaping, gutters, exterior updates, paint & new roof in 2024. Turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord & generate rental income from the suite. MF1 zoning. 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+ & currently generates excellent rental income. (id:63626)
Listed by: Lani Rae, Century 21 Assurance Realty Ltd

Home facts and features

Price details
List Price
$1,075,000
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Gross Taxes for 2026
$5,293
Home facts
Bedrooms
7
Full Bathrooms
3
Parking Details
Detached Garage, Rear, Street, Rv, Additional Parking
Property Type
House
Lot Size
50 ft x 0 ft (6969 ft²)
Depth
Frontage
50.0 feet
Year Built
Built in 1958 (68 yrs old)
Title
Freehold
Heating Type
Baseboard heaters, Forced air, Electric, See remarks
Cooling
Wall unit
Features
Level lot
Community
Agent details
Primary Agent
Primary Broker
Century 21 Assurance Realty Ltd
Listing details
Days on REW
127 Days
Property Views
160
MLS® Number
10374368
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Bankhead Elementary School
  • Public
  • K - 6
Glenmore Elementary School
  • Public
  • K - 6
St Joseph Elementary School
  • Independent
  • K - 7
A S Matheson School
  • Public
  • Pre-K - 6
Watson Road Elementary School
  • Public
  • K - 6
Raymer School
  • Public
  • Pre-K - 6
Kelowna Secondary School
  • Public
  • 10 - 12
KLO Middle School
  • Public
  • 7 - 9
Dr Knox Middle School
  • Public
  • 7 - 9
Kelowna Christian School
  • Independent
  • K - 12
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
Lani Rae
Phone:
(250) 864-6263
Cell:
(250) 864-6263
Office:
250-869-0101
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