Home with vinyl exterior material, street for 331-351 PHIPPS CRESCENT, Kelowna British Columbia V1V2T2
6 days on Market

331-351 PHIPPS CRESCENT, Kelowna, British Columbia V1V2T2

Detached
6
5 + 1
~3068 sqft
$1,200,000
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Detached
6
5 + 1
~3068 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$391/sqft

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Description

Rare opportunity to own a beautifully-maintained, FULL duplex in a quiet, family-friendly Rutland neighborhood with no strata fees! Built in 1995, this solid 2-storey property offers excellent rental income and future potential. Each side features 1,534 sq ft (3,068 total), 3 bedrooms and 2.5 bathrooms. The main floor includes a spacious kitchen, living room, powder room, laundry, and primary bedroom with ensuite. Upstairs you'll find two generous bedrooms and a full bathroom with skylight. Each unit enjoys its own private yard, separate entry, driveway parking, and secured garage space. Plenty of room for multiple vehicles or even a workshop. The location is fantastic: 10-minute bike ride to Ben Lee Park, walking distance to Rutland Elementary, Rutland Middle School, and Rutland Senior Secondary. Rutland Activity Centre, YMCA, Rutland Arena and local dog park are all nearby. Steps from transit, minutes to shopping, 15 min. to UBCO and Kelowna International Airport, 10 min. to the lake and waterfront parks, 45 min. to Big White. Currently generating strong rental income with excellent long-term tenants paying $3,200/month+ each on month-to-month leases. Perfect for investors seeking steady cashflow or owner-occupiers looking to live in one side and offset their mortgage (proper notice required under RTA). Potential for future stratification - buyer to verify with city. A solid investment in a vibrant, growing neighborhood. Newly-listed at a great price! (id:39198)


Property Details

StyleDuplex
View-
Age of property1995
SqFt~3068 SqFt
Lot Size-
Parking Spaces1
MLS ®Number10368948
Community NameKelowna
Data SourceCREA
Listing byReal Broker B.C. Ltd

Features

Heating: Baseboard heaters
Cooling: See Remarks

Second level Floor

Other

10' x 10'

Full bathroom

4'0'' x 8'0''

Bedroom

15'0'' x 11'0''

Bedroom

12'0'' x 11'0''


Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Nov 10, 2025
ListedActive
$1,200,000
6 days on market
history photo preview28
Listing by crea®
Property listed by Real Broker B.C. Ltd, Brokerage
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Population and Demographics

Overview

Total population 142722
Average household income $120,610

Age (%)

0 to 19
18%
20 to 34
22%
35 to 49
19%
50 to 64
20%
65 and plus
22%

Household composition (%)

Single family
59%
Single person
33%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
88%
Others
5%
Punjabi (Panjabi)
2%
German
2%
French
2%

House tenancy (%)

Owners
65%
Renters
35%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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