154 Applebrooke Crescent, Kelowna, British Columbia

$1,850,000

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14

Beds

5

Baths

5,798

Square feet

0.56

Acres

About 154 Applebrooke Crescent

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)

154 Applebrooke Crescent, MLS#: 10303238 is located in the North Glenmore neighborhood of Kelowna, British Columbia, Postal Code: V1V1W4. The Freehold home is 5,798 sq. ft. with 14 bedrooms and 5 bathrooms, along with 2 garages.

The Single Family Freehold property was constructed in 1975.

The property is currently listed at $1,850,000.

Features of 154 Applebrooke Crescent

Listing # 10303238
Price $1,850,000
Bedrooms 14
Bathrooms 5.00
Square Footage 5,798
Acres 0.56
Year Built 1975
Type Single Family
Sub-Type Freehold

Community Information: Kelowna

Address 154 Applebrooke Crescent
Subdivision North Glenmore
City Kelowna
Province British Columbia
Postal Code V1V1W4

Amenities of 154 Applebrooke Crescent

Features Irregular lot size
Parking Spaces 10
Parking Attached Garage, See Remarks
# of Garages 2
View Mountain view, Valley view
Is Waterfront No
Has Pool No

Interior of 154 Applebrooke Crescent

Heating See remarks
Cooling Central air conditioning
Fireplace Yes
Fireplaces Gas
# of Stories 2
Has Basement No

Exterior of 154 Applebrooke Crescent

Exterior Aluminum, Brick
Roof Asphalt shingle

Additional Information On 154 Applebrooke Crescent

Zoning Unknown

Listing Details

OfficeRE/MAX Kelowna

Map To 154 Applebrooke Crescent, Kelowna

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