TRUE INVESTMENT OPPORTUNITY! Massive 18,300sqft subdividable lot with the application to subdivide already in place with the city of Kelowna! Potential to build TWO fourplexs on this property, one on each lot. With city of Kelowna zoning changes coming into affect soon this is a very smart investment for immediate redevlopment or as a holding property to develop in the future. The house is currently being rented for $2,700 per month plus utilities on month to month basis. There is a large 24ft X 24ft detached shop with 200 amp power supply which was previously rented out as well so this property could generate you over $3100 per month in passive income. Prime location with maximum exposure as this lot is right on the corner of Rutland Road and Wallace. Extremely close to all amenities, shops, schools and public transit. (id:44393)
MLS® Number | 10308978 |
Property Type | Single Family |
Neigbourhood | Rutland North |
Amenities Near By | Golf Nearby, Airport, Park, Recreation, Schools, Shopping |
Community Features | Family Oriented |
Parking Space Total | 6 |
Bathroom Total | 2 |
Bedrooms Total | 3 |
Constructed Date | 1940 |
Construction Style Attachment | Detached |
Cooling Type | Wall Unit |
Exterior Finish | Stucco, Vinyl Siding |
Flooring Type | Carpeted, Laminate, Tile |
Heating Type | Forced Air, See Remarks |
Roof Material | Asphalt Shingle |
Roof Style | Unknown |
Stories Total | 2 |
Size Interior | 1601 Sqft |
Type | House |
Utility Water | Municipal Water |
See Remarks | |
Detached Garage | 2 |
Acreage | No |
Fence Type | Fence |
Land Amenities | Golf Nearby, Airport, Park, Recreation, Schools, Shopping |
Sewer | Municipal Sewage System |
Size Frontage | 154 Ft |
Size Irregular | 0.42 |
Size Total | 0.42 Ac|under 1 Acre |
Size Total Text | 0.42 Ac|under 1 Acre |
Zoning Type | Unknown |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Den | 9'6'' x 9'2'' | ||
Second Level | Bedroom | 11'7'' x 9'9'' | ||
Second Level | Bedroom | 8'2'' x 5'0'' | ||
Main Level | Full Bathroom | Measurements not available | ||
Main Level | Laundry Room | 12'3'' x 5'4'' | ||
Main Level | 4pc Bathroom | 9'8'' x 4'11'' | ||
Main Level | Primary Bedroom | 11'0'' x 15'0'' | ||
Main Level | Kitchen | 12'0'' x 15'5'' | ||
Main Level | Living Room | 13'2'' x 16'0'' |
https://www.realtor.ca/real-estate/26714323/122-wallace-road-kelowna-rutland-north
Contact us for more information
Kaila Klassen
(250) 860-1100
(250) 860-0595
https://royallepagekelowna.com/