1425 S Highland Drive

About this House

in Glenmore, Kelowna

INVESTOR ALERT! LEGAL SUITE— MF1-ZONE —LISTED BELOW TAX ASSESSED VALUE! Rare opportunity in the highly desirable Kelowna–Glenmore area. This fully rented 5-bedroom, 3-bath home offers strong income potential with a legal 2-bedroom suite and tenants already in place (main tenant sublets suite). Built in 1991, this well-kept 1,982 sq. ft. home features durable contemporary wood-look vinyl plank flooring, a functional layout with 3 bedrooms up and 2 bedrooms down, and separate entrance for the suite. Each level enjoys its own hot water tank, and while laundry is currently shared, there is a rough-in for stacking laundry off the main front entrance if desired. In addition there is a huge crawl space under the stairs for extra storage or if you wanted to add furnace ducting. Currently heated by electric baseboards. The property sits on a generous 0.18-acre fenced lot with single carports on each side, ideal for multi-tenant parking. Included are 7 appliances (2 fridges, 2 stoves, dishwasher, washer & dryer). Whether you’re expanding your rental portfolio or seeking a mortgage helper property in a central location, this one checks all the boxes—location, zoning, income, and value. (Pictures are from when vacant for Tenant Privacy). If new owner lives Upstairs, this would work as a EXCELLENT BED & BREAKFAST because of its location. City of Kelowna is short on BnB's right now with the restrictions by the province added in 2023! Also Seller will consider trades to Vancouver Island. (id:14735)

Listed by One Percent Realty Ltd..

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.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.