1060 Thompson Road

About this House

in Rutland South, Kelowna

Exceptional investment opportunity on one of Spring Valley's most prestigious streets. This meticulously maintained home rests on an expansive 0.25-acre lot, offering the perfect balance of comfortable family living and excellent rental income potential. The main residence features three bedrooms (one without a closet), a fully updated kitchen, and renovated bathrooms. The legal two-bedroom suite has a separate entrance and its own laundry, making it ideal as a mortgage helper or for multi-generational living. Extensive upgrades add peace of mind: roof, windows, doors, concrete board siding, high-efficiency furnace with central air, hot water tank, PEX plumbing throughout and connected to municipal sewer. Outside, the property offers a partially fenced yard, underground sprinklers, abundant parking for tenants, family, RVs, and all the toys. An oversized attached single garage with workshop space and a powered backyard shed provide excellent flexibility for storage and projects. Currently, the main home is rented month-to-month for $2,775, while the legal suite is rented for $1,650, generating $4,425 per month in income utilities included. Perfectly situated close to Mission Creek Greenway, regional parks, schools, shopping, golf, public transit, and just minutes to Okanagan Lake, this turnkey property blends modern updates, versatile living spaces, and a premium location. Call today to arrange your private viewing! (id:14735)

Listed by Coldwell Banker Executives Realty.

Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Stuart McFadden for your convenience.
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