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Renanza Realty
For sale

1412 Lawrence Avenue

Kelowna, British Columbia

MLS® 10397354

$999,000

Status
Active
Property type
House
MLS® number
10397354
Bedrooms
5
Bathrooms
4
Year built
1993

Listing description

An excellent option for investors, multi-generational families, or buyers looking for help with the mortgage. Cash flow at current mortgage rates as an investor, or offset a large portion of your mortgage payment while you live one of the units. Three dwelling spaces, two mortgage helpers and a central location with views toward the lake!

Offering over 3,000 sq. ft. of total living space, this versatile property is a great opportunity to live in the main home while generating income from the large 1-bedroom suite and separate studio suite below.

The main residence offers 3 bedrooms and 2 bathrooms over two levels, with an open-concept kitchen, living and dining area, gas fireplace and covered deck with western exposure. Two bedrooms and a full bath are on the main level, while the upper floor is dedicated to a spacious primary retreat with 5-piece ensuite, walk-in closet and private deck with expansive western views toward the lake. Downstairs, both self-contained living spaces offer excellent mortgage-helper potential.

The 1-bedroom suite is spacious and bright with large windows and a private porch. Outside, enjoy a large fenced yard, two driveways plus a double garage for the main residence, all in a convenient central location close to downtown, transit, parks, shopping and everyday services. (some photos from before current tenants)

Property summary

MLS® number
10397354
Property type
Single Family
Building type
House
Square footage
3,027 sq ft
Title
Freehold
Land size
0.14 acres
Built in
1993
Annual property taxes
$5,526.00
Parking
7 spaces · Attached Garage
Days on market
18 days

Features & details

Heating
Forced air, Electric, See remarks
Cooling
Central air conditioning, Wall unit
Basement
Full
Exterior features
Stucco
Lot features
Corner Site
View
City view, Mountain view

What would this home cost you?

Based on the $999,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,648 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty (Kelowna), Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.