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

331-351 PHIPPS CRESCENT, Kelowna, British Columbia V1V2T2

Detached
6
5 + 1
~3068 sqft
$1,500,000
Get pre-qualifiedPowered by nesto
Detached
6
5 + 1
~3068 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$488/sqft

Est. Mortgage$6,442/mo

Tax Amount ()$5,844/yr

Days On Market10 days


Description

Rare opportunity to own a FULL 2-storey duplex in a quiet, family-friendly pocket of Rutland, built in 1994 and offering excellent rental income with no strata fees. Each side features 3 bedrooms and 2.5 bathrooms across 1534 sq. ft. (total of 3,068 sq. ft. of living space), including spacious main floors with kitchens, living rooms, powder rooms, laundry, and primary bedrooms with ensuite. Upstairs you’ll find two large bedrooms and a full bathroom with skylight. Each unit has its own private yard space, separate entry, driveway parking and secured garage space—room for multiple vehicles and even a workshop. Located just a ten-minute bike ride from Ben Lee Park and within walking distance to Rutland Elementary, Rutland Middle School, Rutland Senior Secondary, the Rutland Activity Centre, YMCA, Rutland Arena and local dog park. Steps from public transit, minutes to shopping, and only 15 minutes to UBCO and Kelowna International Airport, 10 minutes to the lake and waterfront parks, and 45 minutes to Big White. Excellent long-term tenants in place paying $3200/month plus utilities per side, both on month-to-month leases—ideal for investors or an owner-occupier looking to move into one side with proper notice under the RTA. Potential for future stratification (buyer to verify with city). A solid investment in a vibrant and growing neighbourhood—contact your real estate agent today for full details or to book a showing. (id:39198)


Property Details

StyleDuplex
View-
Age of property1995
SqFt~3068 SqFt
Lot Size-
Parking Spaces1
MLS ®Number10349639
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

May 27, 2025
ListedActive
$1,500,000
10 days on market
history photo preview28
Listing by crea®
Property listed by Real Broker B.C. Ltd, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 142722
Average household income $120,610

Age (%)

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

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

Powered by:
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.