885 Walrod Street, Kelowna

4pc Bathroom - 885 Walrod Street, Kelowna, BC V1Y2S4 Photo 1

42 Photos

Living room - 885 Walrod Street, Kelowna, BC V1Y2S4 Photo 2
Laundry room - 885 Walrod Street, Kelowna, BC V1Y2S4 Photo 3
Kitchen - 885 Walrod Street, Kelowna, BC V1Y2S4 Photo 4
Dining room - 885 Walrod Street, Kelowna, BC V1Y2S4 Photo 5
Primary Bedroom - 885 Walrod Street, Kelowna, BC V1Y2S4 Photo 6
Bedroom - 885 Walrod Street, Kelowna, BC V1Y2S4 Photo 7
  • Bedrooms: 7
  • Bathrooms: 3
  • Living area: 2759 square feet
  • MLS®: 10304570
  • Type: Residential
  • Added: 21 days ago

Property Details

Investment Opportunity! Rare 7 bedroom, 3 bathroom home including a 2 bed LEGAL SUITE plus an IN LAW SUITE. Incredible value and holding potential here. Main house upper level has 3 beds, 1 bath, nicely maintained with bright kitchen/living area. Fantastic layout and new deck off the kitchen. Downstairs in law suite has 2 beds, 1 bath, lots of natural light and is well kept with its own laundry. LEGAL SUITE offers 2 beds, 1 bath and features fresh new paint, new fridge, & plenty of bright living space & windows and its own laundry. Great option for a large family with in laws while still earning income from the legal suite OR buy & hold as an investment with rental income. Plenty of parking available as well as detached garage off the laneway access in the back. Recent landscaping, gutters, exterior updates and brand new roof in 2024. This home is a turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord and generate rental income from the suite. New MF1 zoning. Steps away from Walrod park, the location doesn't get any better. 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+++ Reach out for all of the details today as this opportunity is sure to go quick! (id:1945)

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Property Information

  • Roof: Asphalt shingle, Unknown
  • Sewer: Municipal sewage system
  • Zoning: Unknown
  • Cooling: Wall unit
  • Heating: Baseboard heaters, Forced air, Electric, See remarks
  • Stories: 2
  • Year Built: 1958
  • Living Area: 2759
  • Lot Features: Level lot
  • Photos Count: 42
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 004-819-179
  • Bedrooms Total: 7
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: Detached Garage, Other, Rear, RV, Street, See Remarks
  • Tax Annual Amount: 5026.52
  • Community Features: Pets Allowed, Rentals Allowed
  • Lot Size Dimensions: 0.16
Room Dimensions
Type Level Dimensions
4pc Bathroom Third level 7'10'' x 4'11''
Living room Third level 11'10'' x 16'3''
Laundry room Second level 7'8'' x 7'10''
Kitchen Second level 13'2'' x 12'10''
Dining room Main level 10'1'' x 9'9''
Primary Bedroom Main level 8'11'' x 11'11''
Bedroom Third level 9'8'' x 11'10''
Dining room Third level 8'5'' x 9'0''
4pc Bathroom Second level 11'3'' x 5'6''
Primary Bedroom Second level 13'3'' x 11'11''
Bedroom Main level 11'5'' x 8'3''
Living room Main level 16'7'' x 11'11''
Primary Bedroom Third level 9'10'' x 12'9''
Kitchen Third level 8'0'' x 10'2''
Bedroom Second level 11'9'' x 9'10''
4pc Bathroom Main level 9'0'' x 4'10''
Bedroom Main level 11'4'' x 9'6''
Kitchen Main level 10'0'' x 9'4''
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members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
Elks Stadium Stadium Recreation Ave 0.3 km
Skye at Waterscapes The neighborhood is built on what was once the ind... 0.8 km
Bouchons Bistro Bar 1180 Sunset Dr #105 0.9 km
Waterfront Wines Bar 1180 Sunset Dr 0.9 km
Prospera Place Stadium 1223 Water St 0.9 km
Prospera Place Opened in 1999, it is home to the Kelowna Rockets ... 0.9 km
Delta Grand Okanagan Resort & Conference Centre Lodging 1310 Water St 1.2 km
Kelowna Actors Studio Restaurant 1379 Ellis St 1.2 km
Hanna's Lounge & Grill Night club 1352 Water St 1.3 km
Kelowna Community Theatre It is the home of the Kelowna Community Concert So... 1.3 km
Knox Mountain Park There are 10 trails in the park of varying length ... 1.3 km
Kelowna Memorial Arena It is notable for its small ice surface of 180' X ... 1.3 km
Similar Houses Stat in Kelowna
We have found 6 Houses that closely match the specifications of the property located at 885 Walrod Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 749,900 and 1,595,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1Y2S4 postal code area of Kelowna British Columbia Canada.
885 Walrod Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 885 Walrod Street. The current price of the property is $1,249,000, 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 $999,200. This would result in a monthly mortgage payment of $5,841 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 40
Bachelor's degree 80
University / Below bachelor level 25
Certificate of Qualification 60
College 225
University degree at bachelor level or above 120

Neighbourhood Marital Status Stat

Married 310
Widowed 35
Divorced 100
Separated 40
Never married 280
Living common law 135
Married or living common law 445
Not married and not living common law 460

Neighbourhood Construction Date

1961 to 1980 150
1981 to 1990 15
1991 to 2000 15
2001 to 2005 25
2006 to 2010 15
1960 or before 225
Comparison of 885 Walrod Street, Kelowna, BC with Nearby Houses
Nearby Cities Listings Avg. price
West Kelowna Real Estate 410 $952.019
Lake Country Real Estate 162 $1.626.400
Peachland Real Estate 55 $1.352.273
Summerland Real Estate 139 $1.403.316
Naramata Real Estate 79 $1.472.000
Penticton Real Estate 628 $786.698
Vernon Real Estate 877 $828.875
Lumby Real Estate 92 $957.716
Popular Cities Listings Avg. price
Osoyoos Real Estate 406 $703.678
Kamloops Real Estate 755 $791.447
Mission Real Estate 313 $1.283.990
Chilliwack Real Estate 575 $1.061.736
Maple Ridge Real Estate 681 $1.443.043
Abbotsford Real Estate 727 $1.400.521
Langley Real Estate 1029 $1.820.690
Richmond Real Estate 768 $1.625.155
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