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Property Description

Exceptional investment opportunity on one of Spring Valleys most prestigious streets. This meticulously maintained home rests on an expansive 0.25-acre lot, offering the perfect balance of comfortable family living and excellent rental income potential. The main residence features three bedrooms (one without a closet), a fully updated kitchen, and renovated bathrooms. The legal two-bedroom suite has a separate entrance and its own laundry, making it ideal as a mortgage helper or for multi-generational living. Extensive upgrades add peace of mind: roof, windows, doors, concrete board siding, high-efficiency furnace with central air, hot water tank, PEX plumbing throughout and connected to municipal sewer. Outside, the property offers a partially fenced yard, underground sprinklers, abundant parking for tenants, family, RVs, and all the toys. An oversized attached single garage with workshop space and a powered backyard shed provide excellent flexibility for storage and projects. Currently, the main home is rented month-to-month for 2,775, while the legal suite is rented for 1,650, generating 4,425 per month in income utilities included. Perfectly situated close to Mission Creek Greenway, regional parks, schools, shopping, golf, public transit, and just minutes to Okanagan Lake, this turnkey property blends modern updates, versatile living spaces, and a premium location. Call today to arrange your private viewing! (id:8860)

KELOWNABritish Columbia
Address Map
CA
BC
KELOWNA
V1X 1C4
V1X 1C4

1060 THOMPSON ROAD

KELOWNA, British Columbia, V1X 1C4, CA

5 Bedrooms
3 Bathrooms
10,890 Sqft
$859,900
Listing ID #1948235
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 1948235
Ref ID : 4b4b61c7-9dfa-4577-9cbc-3f4554d71bca
Price : $859,900
Bedrooms : 5
Bathrooms : 3
Lot Area : 10,890 Sqft
MLS : 10363617
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Agent info
Coldwell Banker Global
175 Park Avenue
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