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122 Wallace Road Kelowna, British Columbia V1X 4T1

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Kaila Klassen

(250) 460-1840
www.kailaklassen.com/

Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595
https://royallepagekelowna.com/

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3 Bedroom 2 Bathroom 1601 sqft
Wall Unit Forced Air, See Remarks

$1,578,900

TRUE INVESTMENT OPPORTUNITY! Massive 18,300sqft subdividable lot with the application to subdivide already in place with the city of Kelowna! Potential to build TWO fourplexs on this property, one on each lot. With city of Kelowna zoning changes coming into affect soon this is a very smart investment for immediate redevlopment or as a holding property to develop in the future. The house is currently being rented for $2,700 per month plus utilities on month to month basis. There is a large 24ft X 24ft detached shop with 200 amp power supply which was previously rented out as well so this property could generate you over $3100 per month in passive income. Prime location with maximum exposure as this lot is right on the corner of Rutland Road and Wallace. Extremely close to all amenities, shops, schools and public transit. (id:26472)

Property Details

MLS® Number 10308978
Property Type Single Family
Neigbourhood Rutland North
Amenities Near By Golf Nearby, Airport, Park, Recreation, Schools, Shopping
Community Features Family Oriented
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Total 3
Constructed Date 1940
Construction Style Attachment Detached
Cooling Type Wall Unit
Exterior Finish Stucco, Vinyl Siding
Flooring Type Carpeted, Laminate, Tile
Heating Type Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 1601 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Detached Garage 2

Land

Acreage No
Fence Type Fence
Land Amenities Golf Nearby, Airport, Park, Recreation, Schools, Shopping
Sewer Municipal Sewage System
Size Frontage 154 Ft
Size Irregular 0.42
Size Total 0.42 Ac|under 1 Acre
Size Total Text 0.42 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Second Level Den 9'6'' x 9'2''
Second Level Bedroom 11'7'' x 9'9''
Second Level Bedroom 8'2'' x 5'0''
Main Level Full Bathroom Measurements not available
Main Level Laundry Room 12'3'' x 5'4''
Main Level 4pc Bathroom 9'8'' x 4'11''
Main Level Primary Bedroom 11'0'' x 15'0''
Main Level Kitchen 12'0'' x 15'5''
Main Level Living Room 13'2'' x 16'0''

https://www.realtor.ca/real-estate/26714323/122-wallace-road-kelowna-rutland-north