$1,850,000 FOR SALE

Detached

Bedrooms: 14Bathrooms: 5Total Area: 5,798 ft2

154 Applebrooke Crescent
Kelowna, BC V1V 1W4 | North Glenmore

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:47423)

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Listed By RE/MAX Kelowna
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10303238
Last Updated Mar 07, 2024
Property Summary
Property Type Detached

More like this:
Neighbourhood North Glenmore
Price History
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Detailed Information
Bedrooms 14
Bathrooms 5
Total Area 5,798 ft2
Features Irregular lot size
Listing Contract Date 2024-01-29
Municipal ID 017-862-639
Ownership Type Freehold
# of Parking Spaces 10
Property Type Single Family
Transaction Type For sale
Views Mountain view, Valley view
Zoning Unknown
Building
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
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
BedroomSecond level1' x 1'
3pc BathroomSecond level10'7'' x 9'0''
Bedroom - BachelorSecond level48'0'' x 27'0''
SaunaSecond level6'3'' x 8'9''
3pc BathroomSecond level7'11'' x 8'9''
3pc BathroomSecond level6'8'' x 8'9''
3pc Ensuite bathSecond level6'0'' x 8'0''
Primary BedroomSecond level20'0'' x 11'0''
BedroomSecond level11'7'' x 12'10''
BedroomSecond level11'7'' x 12'10''
Living roomSecond level11'11'' x 12'11''
Dining nookSecond level8'5'' x 8'5''
PantrySecond level5'11'' x 9'0''
Laundry roomSecond level9'7'' x 5'9''
KitchenSecond level11'9'' x 12'6''
Dining roomSecond level11'3'' x 15'6''
Great roomSecond level20'0'' x 20'0''
FoyerMain level11'7'' x 17'0''
FoyerMain level8'9'' x 11'6''
BedroomMain level10'5'' x 12'8''
Living roomMain level20'0'' x 19'4''
Dining roomMain level11'5'' x 11'5''
PantryMain level3'3'' x 5'10''
KitchenMain level11'5'' x 13'6''
StorageMain level9'2'' x 12'0''
3pc BathroomMain level9'1'' x 6'0''
BedroomMain level10'10'' x 15'0''
Parking Spaces
Name Spaces
See Remarks
Attached Garage2
Land
Total Size 0.56 acres
Sewer Municipal sewage system
Size of Irregular Land 0.56

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