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Bedrooms: 14
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Bathrooms: 5
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Living area: 5798 square feet
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MLS®: 10303238
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Type: Residential
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Added: 60 days ago
Property Details
Prime investment opportunity in the Glenmore area of Kelowna. Gross potential MONTHLY revenue of $11,000+, easily scaled up higher. 0.563 acre lot, currently zoned RU2 but with future land use of C-NHD; potential rezoning to MF1 / MF2 to allow for a multi-family use. Main floor with 10 bedrooms... yes you read that right. Lower level with additional 4 bedrooms. 5 bathrooms total. 14 bedroom 5798 sq.ft. home is prime for rental revenue while waiting for your future development; alternatively, one could potentially rezone the site, and build additional unit(s) on the excess land for even further cash flow. The property has 2 street frontages. This is one of the rare properties where it carries immense value as-is as a cash flow asset; you can easily pay off the mortgage + retain profit while you decide on what you want to do with the land. Now that the OCP is in and its clear what you can accomplish on this C-NHD designated property, the choice is yours on how you decide to best utilize this property. Do not visit the property without an appointment. Recent renovations include flooring changes in the main part of the home, basement suite walls, ceiling, pot lights, paint etc., main house furnace + AC 2022. (id:1945)
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Property Information
- Roof: Asphalt shingle, Unknown
- View: Mountain view, Valley view
- Sewer: Municipal sewage system
- Zoning: Unknown
- Cooling: Central air conditioning
- Heating: See remarks
- Stories: 2
- Year Built: 1975
- Living Area: 5798
- Lot Features: Irregular lot size
- Photos Count: 23
- Water Source: Municipal water
- Lot Size Units: acres
- Parcel Number: 017-862-639
- Parking Total: 10
- Bedrooms Total: 14
- Structure Type: House
- Common Interest: Freehold
- Fireplaces Total: 1
- Parking Features: Attached Garage, See Remarks
- Tax Annual Amount: 6697
- Exterior Features: Brick, Aluminum
- Fireplace Features: Gas, Unknown
- Lot Size Dimensions: 0.56
Room Dimensions
Type |
Level |
Dimensions |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
Bedroom |
Second level |
1' x 1' |
3pc Bathroom |
Second level |
9'0'' x 10'7'' |
Bedroom - Bachelor |
Second level |
27'0'' x 48'0'' |
Sauna |
Second level |
8'9'' x 6'3'' |
3pc Bathroom |
Second level |
8'9'' x 7'11'' |
3pc Bathroom |
Second level |
8'9'' x 6'8'' |
3pc Ensuite bath |
Second level |
8'0'' x 6'0'' |
Primary Bedroom |
Second level |
11'0'' x 20'0'' |
Bedroom |
Second level |
12'10'' x 11'7'' |
Bedroom |
Second level |
12'10'' x 11'7'' |
Living room |
Second level |
12'11'' x 11'11'' |
Dining nook |
Second level |
8'5'' x 8'5'' |
Pantry |
Second level |
9'0'' x 5'11'' |
Laundry room |
Second level |
5'9'' x 9'7'' |
Kitchen |
Second level |
12'6'' x 11'9'' |
Dining room |
Second level |
15'6'' x 11'3'' |
Great room |
Second level |
20'0'' x 20'0'' |
Foyer |
Main level |
17'0'' x 11'7'' |
Foyer |
Main level |
11'6'' x 8'9'' |
Bedroom |
Main level |
12'8'' x 10'5'' |
Living room |
Main level |
19'4'' x 20'0'' |
Dining room |
Main level |
11'5'' x 11'5'' |
Pantry |
Main level |
5'10'' x 3'3'' |
Kitchen |
Main level |
13'6'' x 11'5'' |
Storage |
Main level |
12'0'' x 9'2'' |
3pc Bathroom |
Main level |
6'0'' x 9'1'' |
Bedroom |
Main level |
15'0'' x 10'10'' |
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Estate
Association |
Nearby Places
Name |
Type |
Address |
Distance |
Tim Hortons |
Cafe |
1936 Kane Rd |
1.4 km |
Knox Mountain Park |
There are 10 trails in the park of varying length ... |
|
3.3 km |
Aberdeen Hall Preparatory School |
School |
950 Academy Way |
3.3 km |
Aberdeen Hall |
Located in Kelowna, British Columbia, Canada, it d... |
|
3.3 km |
University of British Columbia Okanagan |
Home to approximately 8,410 undergraduate and grad... |
|
3.7 km |
Tim Hortons |
Cafe |
3333 University Way |
3.8 km |
The University of British Columbia |
University |
3333 University Way |
3.8 km |
Express Gift Baskets |
Bakery |
445 Neave Ct |
3.8 km |
Bounty Cellars Winery |
Food |
Suite 7-364 Lougheed Rd |
3.9 km |
Booster Juice |
Restaurant |
3333 University Way |
4.0 km |
Lambly Creek |
Lambly Creek is also known as Bear Creek... |
|
4.0 km |
Poppadoms - Taste India! |
Restaurant |
948 McCurdy Rd #118 |
4.1 km |
Similar Houses Stat in Kelowna
We have found 6 Houses that closely match the specifications of the property located at 154 Applebrooke Crescent with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,180,000 and 2,490,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1V1W4 postal code area of Kelowna British Columbia Canada.
154 Applebrooke Crescent mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 154 Applebrooke Crescent. The current price of the property is $1,850,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,480,000. This would result in a monthly mortgage payment of $8,651 over a 25-year amortization period.
Demographic Information
Neighbourhood Education
Master's degree
|
10
|
Bachelor's degree
|
80
|
University / Below bachelor level
|
30
|
Certificate of Qualification
|
35
|
College
|
120
|
University degree at bachelor level or above
|
120
|
Neighbourhood Marital Status Stat
Married
|
385
|
Widowed
|
20
|
Divorced
|
35
|
Separated
|
15
|
Never married
|
150
|
Living common law
|
40
|
Married or living common law
|
420
|
Not married and not living common law
|
215
|
Neighbourhood Construction Date
1961 to 1980
|
15
|
1981 to 1990
|
35
|
1991 to 2000
|
160
|
2001 to 2005
|
35
|
2006 to 2010
|
40
|