Address
1175-1179 Raymer Avenue Kelowna, BC
Price
$ 1,800,000
Property Attributes
  • ID#10242347
  • TypeCondos
  • CityKelowna
  • NeighbourhoodKelowna South
  • Postal CodeV1Y 4Z7
  • Style
  • Price$ 1,800,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
Macdonald Realty Kelowna
Data Source:
Canadian Real Estate Association
Property Description

Exceptional holding and investment property in one of Kelowna's most desirable locations. This fourplex offers 4 2 bed 1 bath spacious suites. Lower 2 suites are 1000 sqft. Upper suites are 1100 sqft with private decks. All have outdoor living space. There is ample parking for all suites plus an additional 2 car garage which could rented. 2 Parking spots for each suite plus additional parking off Bouvette Street. There is a coin laundry for additional income (appox $100 per month.). This large .22 acre. Current rent breakdown is, 1179B-$1600, 1175B-$1450, 1175A $1050 1179A (owner occupied & under renovation, will rent back @$1500) Total-$4100 (B suites are lower level, A suites upper level).Potential garage rents at $200 p/m. Utilities are included for all suites. Expenses-Insurance $3363, outdoor/snow and lawn $1300-1500, taxes $5786, utilities $9,2335.45(Total expenses=$19,884.45) Rents are significantly under market rates. All suites have been very well maintained with some updates. Each suite has a private entrance with ample green space for tenants with large shared grass area plus storage areas available. Heating is combination of gas and electric, newer appliances in 3 suites, including vented hood fans, roof (tar and gravel) 14 years old, new lighting installed throughout, recently building has been painted, newer hot water tanks (2017) gas furnaces 15yrs. Solid rubber subfloor sound proofing. (id:7434)

General Features

Building Type Multi-Family
More Information Link https://www.realtor.ca/real-estate/23780460/1175-1179-raymer-avenue-kelowna-kelowna-south
Neighbourhood Kelowna South
Ownership Type Condominium/Strata
Property Type Multi-family

Interior Features

Building Fireplace Present False

Exterior Features

Building Roof Material Tar & gravel
Building Roof Style Conventional
Exterior Finish Stucco
Parking Space Total 8
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in V1Y 4Z7

Price
AVG $1.8M
$1.8M
Visits
AVG 24
23
Year Built
AVG 1973
1973
Walkscore
AVG 63
63
Data Provided by Walkscore ® not using MLS data