122 Wallace Road, Rutland North in Kelowna, BC
This is a Single Family Listing with Detached Garage parking.
122 Wallace Road, Rutland North in Kelowna
TRUE INVESTMENT OPPORTUNITY! Massive 18,300sqft subdividable lot with the application to subdivide already in place with the city of Kelowna! Potential to build TWO fourplexs on this property, one on each lot. With city of Kelowna zoning changes coming into affect soon this is a very smart investment for immediate redevlopment or as a holding property to develop in the future. The house is currently being rented for $2,700 per month plus utilities on month to month basis. There is a large 24ft X 24ft detached shop with 200 amp power supply which was previously rented out as well so this property could generate you over $3100 per month in passive income. Prime location with maximum exposure as this lot is right on the corner of Rutland Road and Wallace. Extremely close to all amenities, shops, schools and public transit. (id:6289)
$1,578,900
122 Wallace Road, Kelowna, British Columbia
Essential Information
- MLS® #10308978
- Price$1,578,900
- Price per Sqft986
- Bedrooms3
- Bathrooms2.00
- Square Footage1,601
- Acres0.42
- Year Built1940
- TypeSingle Family
- Sub-TypeFreehold
- Days on Website26
Amenities
- AmenitiesGolf Nearby, Airport, Park, Recreation, Schools, Shopping
- Parking Spaces6
- ParkingDetached Garage, See Remarks
- # of Garages2
Exterior
- ExteriorStucco, Vinyl siding
- RoofAsphalt shingle
Listing Details
- Listing OfficeRoyal LePage Kelowna
Community Information
- Address122 Wallace Road
- SubdivisionRutland North
- CityKelowna
- Postal CodeV1X4T1
Interior
- HeatingForced air, See remarks
- CoolingWall unit
- # of Stories2
Additional Information
- ZoningUnknown