$1,749,000

1175-1179 Raymer Avenue, Kelowna

Kelowna South, Kelowna, BC V1Y4Z7

8 bd · 3 ba · 4,220 sq ft · Townhome / duplex

Listed by Judy Lindsay Okanagan · Herman Neustaedter

About this property

4 SUITES • $7,087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1,100 sq. ft. each, while the lower suites are approximately 1,000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7,087/month, with 1179A at $1,800, 1179B at $2,100, 1175A at $1,367 and 1175B at $1,820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:67417)

Property details

Price

$1,749,000

MLS® number

10394668

Property type

Townhome / duplex · Fourplex · Single Family

Ownership

Freehold

Bedrooms

8

Bathrooms

3

Living area

4,220 sq ft

Lot size

0.22 acres · 0.22

Year built

1973

Storeys

2

Parking spaces

8

Annual taxes

$8,571

Community

Kelowna South, Kelowna

Features

Heating

Baseboard heaters, Forced air, Electric, See remarks

Parking

Street

Flooring

Carpeted, Vinyl

Roof

Tar & gravel, Unknown

Exterior

Stucco

Community

Family Oriented

Lot

Level lot, Private setting

Water

Municipal water

Sewer

Municipal sewage system

Fencing

Fence

Rooms

Level	Room	Size
Main level	Bedroom	11' x 11'
Main level	Living room	18' x 13'
Main level	Primary Bedroom	13' x 13'
Main level	Kitchen	10' x 10'
Main level	Full bathroom	8' x 6'
Main level	Bedroom	11' x 11'
Main level	Primary Bedroom	13' x 13'
Main level	Kitchen	10' x 10'
Main level	Full bathroom	8' x 6'
Second level	Primary Bedroom	13' x 13'
Second level	Dining room	10' x 10'
Second level	Bedroom	11' x 11'
Second level	Kitchen	11' x 13'
Second level	Full bathroom	8' x 6'
Second level	Primary Bedroom	13' x 13'
Second level	Living room	18' x 13'
Second level	Kitchen	11' x 13'
Second level	Bedroom	11' x 11'
Second level	Living room	18' x 13'

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