1 day on Market

749 Francis Avenue, Kelowna, British Columbia V1Y5G6

Condo
10
6
~4474 sqft
$1,995,000
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Condo
10
6
~4474 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$445/sqft

Est. Mortgage$8,568/mo

Tax Amount ()-

Days On Market1 day


Description

This is a rare LEGAL 4-plex. Investors should take note of this one. Two three bedroom two bathroom top floor units and two 2 bed ground floor units. This one is done right - no short cuts here. As a landlord this is as good as it gets. $10,000 monthly income. Taxes and insurance are the only owners expenses. All suites are separate entrance, have their own garage ( the upper suites each get a bonus uncovered parking spot - and there is lots of street parking) each have their own laundry, hot water tanks, heating and cooling. All units have been updated with new flooring, new kitchens including quartz counter tops, new bathrooms, new decks, exterior paint and trim, interior paint on walls and trim, railings, plumbing, wiring and the list goes on. Lower units are baseboard heat and two ductless heat/cool units and the upper units are gas forced air heat with A/C. The tenants are all super clean, happy and wanting to stay. Each unit has a private yard, a single garage space that accesses of the rear alley and of course this is all located close to the beach, schools and shopping. It is a prime rental location that practically manages itself. You should get in to see this one! (id:39198)


Property Details

StyleFourplex
View-
Age of property1994
SqFt~4474 SqFt
Lot Size-
Parking Spaces6
MLS ®Number10332605
Community NameSouth Pandosy - KLO
Data SourceCREA
Listing byColdwell Banker Horizon Realty

Features

Heating: Forced air, Other, See remarks
Cooling: Central air conditioning, See Remarks

Second level Floor

Full bathroom

9' x 5'

Bedroom

9'6'' x 10'2''

Bedroom

12'5'' x 10'4''

3pc Ensuite bath

9' x 4'8''


Features

Municipal sewage system

Parking

Garage spaces 6

Garage type -

Other parking spaces 0

Total parking spaces 6


2Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 17, 2025
ListedActive
$1,995,000
1 day on market
history photo preview55
Listing by crea®
Property listed by Coldwell Banker Horizon Realty, Brokerage
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Population and Demographics

Overview

Total population 14169
Average household income $105,554

Age (%)

65 and plus
35%
20 to 34
20%
50 to 64
17%
35 to 49
15%
0 to 19
13%

Household composition (%)

Single family
52%
Single person
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
German
3%
French
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
66%
Renters
34%

Schools and amenities

Estimated Budget

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