850 Hollywood Road N, Kelowna, BC V1X5Y7
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850 Hollywood Road N, Kelowna, BC V1X5Y7
850 Hollywood Road N, Kelowna, BC V1X5Y7
850 Hollywood Road N, Kelowna, BC V1X5Y7
850 Hollywood Road N, Kelowna, BC V1X5Y7
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Mathieu Bedard

Mathieu Bedard

+1(250) 801-9700
$ 1,249,000
Est. payment /mo
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850 Hollywood Road N Kelowna, BC V1X5Y7

9 Beds

5 Baths

3,581 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3581

Square Footage 3,581 sqft

Price per Sqft $348

Subdivision Rutland North

MLS® Listing ID 10381211

Bedrooms 9

Year Built 1990

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Freehold

Property Description

Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We're talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It's perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you're looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:24570)

Location

Province BC

Rooms

Kitchen 2.0

Extra Room 1 Second level 12'0'' x 21'0'' Media

Extra Room 2 Second level 9'5'' x 7'6'' Full bathroom

Extra Room 3 Second level 4'0'' x 10'2'' 3pc Ensuite bath

Extra Room 4 Second level 11'6'' x 11'2'' Bedroom

Extra Room 5 Second level 10'10'' x 7'10'' Dining room

Extra Room 6 Second level 25'8'' x 9'7'' Bedroom

Interior

Heating See remarks

Cooling Central air conditioning

Flooring Carpeted, Laminate, Wood

Fireplaces Number 1

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N Yes

View City view, Mountain view, Valley view

Roof Type Unknown

Total Parking Spaces 12

Private Pool No

Building

Lot Description Landscaped, Level

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Royal LePage Kelowna

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Mathieu Bedard

Mathieu Bedard

Agent / Team Leader | License ID: 1240875

+1(250) 801-9700

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850 Hollywood Road N