154 Applebrooke Crescent
Kelowna, British Columbia, V1V1W4, Canada
Please do not visit without confirmation.
Approx. price(Jul 2023):
$1,999,000
| Building type: | House |
| Building style: | Ground level entry |
| Land Size: | 0.563 ac |
| Bathrooms: | 5 |
| Bedrooms: | 14 |
| Parking Type: | Attached Garage (2) |
| Cooling: | Central air conditioning |
| Heating Type / Fuel: | (Natural gas) |
| Basement / Features / Type: | / Separate entrance / Full (Finished) |
| Exterior: | Aluminum siding, Brick |
| Fireplace: | / Gas (Conventional) |
| Water: | Municipal water |
Property Description
House for sale in Kelowna located in 154 Applebrooke Crescent , British Columbia, V1V1W4, Canada. This House have 14 bedrooms and 5 bathrooms. This property listing building style is Ground level entry. For all the rest of the information we have about this property in Kelowna , see above.
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.
Other Structures: Deck
