885 Walrod Street, Kelowna, British Columbia, V1Y2S4
Bathrooms3 Bedrooms7
Property TypeSingle Family Built in1958
Lot Size0.16 acres Building Area2759 sqft

5 bed home PLUS 2 bed LEGAL SUITE! Incredible value & holding potential. Legal suite was added on to the rear of the home (laneway access) allowing it to be offset from the main part of the house. This makes it so you don't get any of the typical up/down noise transfer between occupants. Main house upper level has 3 beds, 1 bath, well maintained with bright kitchen/living area and access to private laundry. Fantastic layout & new deck surface off the kitchen. Lower level of main home has 2 beds, 1 bath, & 2nd private laundry. The LEGAL SUITE offers 2 beds,1 bath, fresh paint, new fridge, plenty of bright living space & its own laundry. Great option for a large family while still earning income from the legal suite OR buy & hold as an investment w/rental income. City has indicated alignment w/provincial short term rules which may open up this property for being an Air BNB if owner occupies a portion of the home. Plenty of parking available as well as detached shed for storage off the laneway access. Recent landscaping, gutters, exterior updates, paint & new roof in 2024. Turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord & generate rental income from the suite. MF1 zoning. Ideal proximity to shopping, dining, breweries, transportation, Okanagan Lake, Knox Mountain, the new UBCO downtown location & so much more. As far as rentals in Kelowna go, this home shows A+ & currently generates excellent rental income. (id:10648)


Details
GarageYes CarportNo
Attached GarageNo Open ParkingYes
FeaturesLevel WaterfrontNo
Frontage Length50 ft RoofUnknown
ViewNo
Building
Cooling TypeWall unit CoolingYes
HeatingBaseboard heaters,,Forced air,See remarks Heating FuelElectric
Levels2 PoolNo
SewerMunicipal sewage system Stories2
Level Type Dimensions
Second levelLaundry room7'10'' x 7'8''
Second levelKitchen12'10'' x 13'2''
Second level4pc Bathroom5'6'' x 11'3''
Second levelPrimary Bedroom11'11'' x 13'3''
Second levelBedroom9'10'' x 11'9''
Third level4pc Bathroom4'11'' x 7'10''
Third levelLiving room16'3'' x 11'10''
Third levelBedroom11'10'' x 9'8''
Third levelDining room9'0'' x 8'5''
Third levelPrimary Bedroom12'9'' x 9'10''
Third levelKitchen10'2'' x 8'0''
Main levelDining room9'9'' x 10'1''
Main levelPrimary Bedroom11'11'' x 8'11''
Main levelBedroom8'3'' x 11'5''
Main levelLiving room11'11'' x 16'7''
Main level4pc Bathroom4'10'' x 9'0''
Main levelBedroom9'6'' x 11'4''
Main levelKitchen9'4'' x 10'0''

Listing Office: Century 21 Assurance Realty Ltd

Data Provided by Association of Interior REALTORS®

Last Modified :Thu, 16 Apr 2026 22:01:33 GMT

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