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  • * $1,850,000
  • Beds14
  • Baths5
  • SQ. Feet5,798
  • Acres0.56
  • Built1975
  • DOW90
$1,850,000

154 Applebrooke Crescent, North Glenmore in Kelowna, BC

This is a Single Family Listing with Attached Garage parking.

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Out of Service Area ~the North Glenmore area~

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154 Applebrooke Crescent, North Glenmore in Kelowna

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:6289)

$1,850,000
154 Applebrooke Crescent, Kelowna, British Columbia

Essential Information

  • MLS® #10303238
  • Price$1,850,000
  • Price per Sqft319
  • Bedrooms14
  • Bathrooms5.00
  • Square Footage5,798
  • Acres0.56
  • Year Built1975
  • TypeSingle Family
  • Sub-TypeFreehold
  • Days on Website90

Amenities

  • FeaturesIrregular lot size
  • Parking Spaces10
  • ParkingAttached Garage, See Remarks
  • # of Garages2
  • ViewMountain view, Valley view

Exterior

  • ExteriorAluminum, Brick
  • RoofAsphalt shingle

Listing Details

  • Listing OfficeRE/MAX Kelowna

Community Information

  • Address154 Applebrooke Crescent
  • SubdivisionNorth Glenmore
  • CityKelowna
  • Postal CodeV1V1W4

Interior

  • HeatingSee remarks
  • CoolingCentral air conditioning
  • FireplaceYes
  • FireplacesGas
  • # of Stories2

Additional Information

  • ZoningUnknown
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