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Realty Group
755 Francis Avenue
Kelowna
V1Y 5G6
$1,599,900
Single Family
beds: 9
baths: 6.0
4,060 sq. ft.
built: 1965
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 10323437
- Bedrooms:
- 9
- Bathrooms:
- 6
- Year Built:
- 1965
- Photos (49)
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MULTI-FAMILY, INVESTORS, RENTAL PROPERTY Families looking for rental units. MAIN HOUSE with LEGAL SUITE AND FULL DUPLEX IN THE LANEWAY. 9 BEDROOMS IN TOTAL. 4 FULL BATHROOMS AND 2 HALF BATHS IN TOTAL. 4 KITCHENS IN TOTAL. MAIN FLOOR - main house main floor Basement- main house basement suite Third Floor- 759 laneway Second Floor - 757 laneway Fantastic opportunity to own a multi-family property in a prime location in Kelowna. Centrally located in Kelowna South, this property is close to all amenities including shopping, restaurants, schools and parks and transit, and hospital. This UNIQUE property offers a Main house with a 2 bedroom 1 bath legal suite AS WELL AS a full side by side duplex in the laneway with its own parking. The main house was built approx. 1965 and has had some updates including the roof. The Duplex was built in 2019. The main house has 3 beds 1 bath up and an additional 2 beds 1 bath down. Each duplex has 2 beds and a flex space, 1.5 baths. SEE THE FLOOR PLANS FOR EACH SPACE. 755A, 755B, 757, 759 are all tenanted. Combined monthly income currently is $7,608.00 with 3 of the 4 units already given rent increase notices for January. Rental income as of January 2025 will be $7788. per month. CAP RATE currently of 5.25% (Jan 2025 CAP is approx. 5.39%) Options to redevelop main house, potentially stratify. Well maintained property and managed by a property manager. Appointments necessary. (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Total Living Area:
- 4,060 sq. ft.
- Zoning:
- Unknown
- Taxes:
- $7,169.66 / -
- Community:
- Kelowna South
- Community Features:
- Family Oriented, Pets Allowed, Pet Restrictions, Rentals Allowed
- Structure Type:
- Duplex
- Home Style:
- Other
- Bedrooms:
- 9
- Bathrooms:
- 6.0
- Half Bathrooms:
- 2
- Cooling:
- Central air conditioning, See Remarks
- Fireplace:
- Yes
- Fireplaces:
- 1
- Fireplace Type:
- Unknown, Decorative
- Heating:
- See remarks
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Lot Size:
- 6,534 sq. ft.
- Lot Details:
- 0.15
- Lot Features:
- Level lot
- Parking:
- Carport, Other, Stall, Rear, See Remarks
- Floor
- Type
- Size
- Other
- Main level
- Primary Bedroom
- 11'4" × 11'2"
- -
- Main level
- Living room
- 19'7" × 14'11"
- -
- Main level
- Kitchen
- 12'3" × 9'5"
- -
- Main level
- Dining room
- 9'11" × 9'9"
- -
- Main level
- Bedroom
- 10'1" × 9'3"
- -
- Main level
- Bedroom
- 11'4" × 9'7"
- -
- Second level
- Primary Bedroom
- 11'7" × 10'7"
- -
- Second level
- Bedroom
- 12' × 9'4"
- -
- Second level
- Primary Bedroom
- 10'6" × 9'11"
- -
- Second level
- Bedroom
- 11'2" × 9'
- -
- Additional Accommodation
- Primary Bedroom
- 11'5" × 9'11"
- -
- Additional Accommodation
- Living room
- 14'9" × 11'7"
- -
- Additional Accommodation
- Kitchen
- 13'5" × 11'4"
- -
- Additional Accommodation
- Dining room
- 11'4" × 8'2"
- -
- Additional Accommodation
- Bedroom
- 11'3" × 9'11"
- -
- Secondary Dwelling Unit
- Other
- 8' × 7'10"
- -
- Secondary Dwelling Unit
- Living room
- 11'8" × 10'5"
- -
- Secondary Dwelling Unit
- Kitchen
- 11'7" × 9'6"
- -
- Secondary Dwelling Unit
- Dining room
- 11'6" × 7'1"
- -
- Secondary Dwelling Unit
- Living room
- 21'1" × 13'8"
- -
- Secondary Dwelling Unit
- Kitchen
- 12' × 9'
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 2
- 5'11" x 4'9"
- Main level
- No
- 2
- 4'9" x 5'1"
- Main level
- No
- 4
- 6'11" x 9'4"
- Second level
- No
- -
- Second level
- No
- 4
- 5'5" x 7'1"
- Additional Accommodation
- No
- -
- 6' x 8'10"
-
Ariel view of the main house with legal suite, & duplex in the lane way -
Main house with legal suite
-
Lane way units
-
Front House main floor (755A)
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Front house main floor (755A)
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Photo 6 of 49
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Front house main floor kitchen (755A)
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Front house Main floor (755A)
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Front house main floor kitchen (755A)
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Front house main floor Laundry (755A)
-
Front house main floor bathroom (755A)
-
Front house main floor Bedroom (755A)
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Front house main floor 2nd bedroom (755A)
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Front house
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Basement entrance (755B)
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Basement bedroom (755B)
-
Basement living room (755B)
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Basement Kitchen (755B)
-
Basement Kitchen (755B)
-
Basement kitchen (755B)
-
Basement Bathroom (755B)
-
Basement bedroom (755B)
-
759 Rear access
-
759 Kitchen
-
749 Kitchen
-
Photo 26 of 49
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Photo 27 of 49
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Photo 28 of 49
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759 Kitchen
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759 living Area
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759 living area
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759 powder room
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759 Den area
-
Photo 34 of 49
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759 Laundry
-
Photo 36 of 49
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759 bedroom
-
Photo 38 of 49
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759 2nd bedroom
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759 second bedroom
-
Photo 41 of 49
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main house main floor
-
main house legal suite
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rear laneway
-
Photo 45 of 49
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Photo 46 of 49
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Duplex plus main house and car port
-
Photo 48 of 49
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Photo 49 of 49
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Listed by Macdonald Realty Interior
Data was last updated March 10, 2025 at 09:45 AM (UTC)
Area Statistics
- Listings on market:
- 181
- Avg list price:
- $1,049,999
- Min list price:
- $229,900
- Max list price:
- $5,790,000
- Avg days on market:
- 55
- Min days on market:
- 3
- Max days on market:
- 635
- Avg price per sq.ft.:
- $448.72
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
- MARIA REED
- Macdonald Realty Interior
- 1 (250) 863 2890
- maria@houseandhomerealtygroup.ca
- Carla Green
- Macdonald Realty Interior
- 1 (250) 863 4069
- carlagreenkelowna@gmail.com
Location
2700 Richter St
Kelowna, BC, V1Y 2R5