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154 Applebrooke Crescent Kelowna, British Columbia V1V 1W4

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14 Bedroom 5 Bathroom 5798 sqft
Fireplace Central Air Conditioning See Remarks

$1,850,000

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:52811)

Property Details

MLS® Number 10303238
Property Type Single Family
Neigbourhood North Glenmore
Features Irregular Lot Size
Parking Space Total 10
View Type Mountain View, Valley View

Building

Bathroom Total 5
Bedrooms Total 14
Constructed Date 1975
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum, Brick
Fireplace Fuel Gas
Fireplace Present Yes
Fireplace Type Unknown
Heating Type See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 5798 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Attached Garage 2

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.56
Size Total 0.56 Ac|under 1 Acre
Size Total Text 0.56 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level Bedroom 1' x 1'
Second Level 3pc Bathroom 10'7'' x 9'0''
Second Level Bedroom - Bachelor 48'0'' x 27'0''
Second Level Sauna 6'3'' x 8'9''
Second Level 3pc Bathroom 7'11'' x 8'9''
Second Level 3pc Bathroom 6'8'' x 8'9''
Second Level 3pc Ensuite Bath 6'0'' x 8'0''
Second Level Primary Bedroom 20'0'' x 11'0''
Second Level Bedroom 11'7'' x 12'10''
Second Level Bedroom 11'7'' x 12'10''
Second Level Living Room 11'11'' x 12'11''
Second Level Dining Nook 8'5'' x 8'5''
Second Level Pantry 5'11'' x 9'0''
Second Level Laundry Room 9'7'' x 5'9''
Second Level Kitchen 11'9'' x 12'6''
Second Level Dining Room 11'3'' x 15'6''
Second Level Great Room 20'0'' x 20'0''
Main Level Foyer 11'7'' x 17'0''
Main Level Foyer 8'9'' x 11'6''
Main Level Bedroom 10'5'' x 12'8''
Main Level Living Room 20'0'' x 19'4''
Main Level Dining Room 11'5'' x 11'5''
Main Level Pantry 3'3'' x 5'10''
Main Level Kitchen 11'5'' x 13'6''
Main Level Storage 9'2'' x 12'0''
Main Level 3pc Bathroom 9'1'' x 6'0''
Main Level Bedroom 10'10'' x 15'0''

https://www.realtor.ca/real-estate/26457555/154-applebrooke-crescent-kelowna-north-glenmore