1425 Highland Drive S, Kelowna
2 BDRM LEGAL SUITE— MF1-ZONED is an ideal investment property or mortgage helper. In the best Glenmore location, this home has 3 bedrooms 2 bath on the main level and 2 bedrooms 1 bath in the legal suite below. The suite has its own private entrance, and each level is serviced by separate hot water tanks and separate electric meters. Laundry is currently shared; however, a rough-in for a stacking washer and dryer is available off the main entrance should separate laundry be desired. Additional features include fresh interior paint, vinyl windows, laminate and tile flooring, a large crawl space beneath the stairs. Situated on a generous 0.18-acre FENCED LOT for pets, the property offers single carports on both sides, providing ample parking for multiple occupants. Included are 7 appliances: 2 refrigerators, 2 stoves, dishwasher, washer, and dryer. Whether you're looking to expand your rental portfolio, generate supplementary income, or secure a property with future upside, this home checks all the boxes—prime location, zoning, strong revenue potential, and exceptional value. With Kelowna opting out of the provincial principal-residence requirement for short-term rentals effective June 1, 2026, this property may offer exciting short-term rental opportunities as both levels may be able to be rented as a BnB! Immediate possession possible and ready to choose and qualify your own tenants! (id:62865)
Status
Active
Year Built
1991
Property Type
House
Ownership
Freehold
Parking Spaces
4
Annual Tax
$3,878
Parcel Number
003-326-683
Data Source
Association of Interior REALTORS®
Bedrooms
5
Bathrooms
3
Living Area
1982 square feet
Flooring
Appliances
Lot Size
0.18 acres
Frontage
56.0 feet
Fencing
Fence
Exterior Features
Community Features
Roof
Asphalt shingle,Unknown
Heating
Baseboard heaters, Electric
Water Source
Municipal water
Sewer
Municipal sewage system
$815,000
Office
One Percent Realty Ltd.
Loan Amount:
$652,000
Estimated Monthly Payment:
$3,177
This is an estimate for informational purposes only. Consult with a financial advisor.
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