154 Applebrooke Crescent Kelowna, British Columbia V1V 1W4

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Interested?

Contact us for more information


14 Bedrooms
5 Bathrooms
5798 sqft

Fireplace Central Air Conditioning See Remarks

$1,850,000

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. (id:42341)


  • Property Details

    MLS® Number 10303238
    Property Type Single Family
    Neigbourhood North Glenmore
    Features Irregular Lot Size
    Parking Space Total 10
    View Type Mountain View, Valley View
  • Building

    Bathroom Total 5
    Bedrooms Total 14
    Constructed Date 1975
    Construction Style Attachment Detached
    Cooling Type Central Air Conditioning
    Exterior Finish Aluminum, Brick
    Fireplace Fuel Gas
    Fireplace Present Yes
    Fireplace Type Unknown
    Heating Type See Remarks
    Roof Material Asphalt Shingle
    Roof Style Unknown
    Stories Total 2
    Size Interior 5798 Sqft
    Type House
    Utility Water Municipal Water

    Parking

    See Remarks
    Attached Garage 2
  • Land

    Acreage No
    Sewer Municipal Sewage System
    Size Irregular 0.56
    Size Total 0.56 Ac|under 1 Acre
    Size Total Text 0.56 Ac|under 1 Acre
    Zoning Type Unknown
  • Rooms

    Level Type Dimensions
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level Bedroom 1' x 1'
    Second Level 3pc Bathroom 10'7'' x 9'0''
    Second Level Bedroom - Bachelor 48'0'' x 27'0''
    Second Level Sauna 6'3'' x 8'9''
    Second Level 3pc Bathroom 7'11'' x 8'9''
    Second Level 3pc Bathroom 6'8'' x 8'9''
    Second Level 3pc Ensuite Bath 6'0'' x 8'0''
    Second Level Primary Bedroom 20'0'' x 11'0''
    Second Level Bedroom 11'7'' x 12'10''
    Second Level Bedroom 11'7'' x 12'10''
    Second Level Living Room 11'11'' x 12'11''
    Second Level Dining Nook 8'5'' x 8'5''
    Second Level Pantry 5'11'' x 9'0''
    Second Level Laundry Room 9'7'' x 5'9''
    Second Level Kitchen 11'9'' x 12'6''
    Second Level Dining Room 11'3'' x 15'6''
    Second Level Great Room 20'0'' x 20'0''
    Main Level Foyer 11'7'' x 17'0''
    Main Level Foyer 8'9'' x 11'6''
    Main Level Bedroom 10'5'' x 12'8''
    Main Level Living Room 20'0'' x 19'4''
    Main Level Dining Room 11'5'' x 11'5''
    Main Level Pantry 3'3'' x 5'10''
    Main Level Kitchen 11'5'' x 13'6''
    Main Level Storage 9'2'' x 12'0''
    Main Level 3pc Bathroom 9'1'' x 6'0''
    Main Level Bedroom 10'10'' x 15'0''

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.