Key insights
This home is
148%
Time on Houseful
58 Days
School rated
6.6/10
Kelowna
5.56%
1287-1289 Lawrence Ave
For Sale
58 Days
$1,925,000 $275K
$1,650,000
8 beds
4 baths
4,018 Sqft
1287-1289 Lawrence Ave
For Sale
58 Days
$1,925,000 $275K
$1,650,000
8 beds
4 baths
4,018 Sqft
Highlights
Description
- Home value ($/Sqft)$411/Sqft
- Time on Houseful58 days
- Property typeSingle family
- StyleSplit level entry
- Neighbourhood
- Median school Score
- Lot size0.28 Acre
- Year built1960
- Mortgage payment
This rare 4-plex has all the things going for it that investors want such as a location that tenants love, loads of parking for their vehicles and toys and affordable rates. This proven revenue maker is well kept with many recent upgrades and improvements. As a result, tenants love it. They walk to eveything they need. Each unit has two bedrooms and one bathroom for a total of 8 bedrooms and 4 bathrooms, their own laundry ( 8 machines total) and their own heat. Each side is separately metered. $5,980 monthly revenue with one side paying half utilities and the other having it included in their rent. There is potential for rent upsizing over time so this could be an excellent holding property while rents rise. There is room for an additional 4-plex on the property or maybe even more density with more height. This combination of land and building in a great location is hard to beat. (id:63267)
Home overview
Amenities / Utilities
- Cooling Window air conditioner
- Heat source Electric
- Heat type Baseboard heaters
- Sewer/ septic Municipal sewage system
Exterior
- # total stories 2
- Roof Unknown
- Fencing Fence
- # parking spaces 7
Interior
- # full baths 4
- # total bathrooms 4.0
- # of above grade bedrooms 8
Location
- Community features Family oriented, pets allowed
- Subdivision Glenmore
- Zoning description Unknown
- Directions 2184629
Lot/ Land Details
- Lot desc Landscaped
- Lot dimensions 0.28
Overview
- Lot size (acres) 0.28
- Building size 4018
- Listing # 10350722
- Property sub type Single family residence
- Status Active
Rooms Information
metric
- Living room 5.588m X 3.962m
Level: Lower - Bathroom (# of pieces - 3) 3.835m X 3.023m
Level: Lower - Bedroom 3.886m X 2.565m
Level: Lower - Living room 5.588m X 3.962m
Level: Lower - Laundry 1.727m X 3.81m
Level: Lower - Bedroom 4.293m X 3.073m
Level: Lower - Bedroom 4.293m X 3.073m
Level: Lower - Kitchen 3.835m X 3.023m
Level: Lower - Kitchen 3.835m X 3.023m
Level: Lower - Bedroom 3.886m X 2.565m
Level: Lower - Bathroom (# of pieces - 3) 3.835m X 3.023m
Level: Lower - Bedroom 4.064m X 2.972m
Level: Main - Laundry 1.676m X 1.549m
Level: Main - Bathroom (# of pieces - 3) 3.023m X 1.473m
Level: Main - Primary bedroom 4.547m X 3.454m
Level: Main - Kitchen 3.378m X 3.15m
Level: Main - Laundry 1.676m X 1.549m
Level: Main - Full bathroom 3.023m X 1.473m
Level: Main - Bedroom 4.064m X 2.972m
Level: Main - Primary bedroom 4.547m X 3.454m
Level: Main
SOA_HOUSEKEEPING_ATTRS
- Listing source url Https://www.realtor.ca/real-estate/28583249/1287-1289-lawrence-avenue-kelowna-glenmore
- Listing type identifier Idx
The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates
$-4,400
/ Month25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%
Schedule a viewing
No obligation or purchase necessary, cancel at any time
