Unbeatable value, immediate cash flow potential, and exceptional upside await in this versatile property situated on a massive .21-acre lot. Perfect for first-time home buyers looking for a mortgage helper or savvy investors seeking an asset with development potential, this home features an attractive price point and a prime location close to schools and transit. The main level offers comfortable living, complemented by a recent refresh featuring brand-new flooring, light fixtures, and fresh paint throughout the separate 1-bedroom in-law suite, ideal for generating strong rental revenue. Outside, the sprawling flat yard provides plenty of room for outdoor living and ample space to store all of your toys! Backed by MF1 zoning for future development opportunities, properties with this much flexibility and land are a rare find at such an affordable pricepoint. Book your showing today! (id:44056)

Property Details

Full Address:
400 Monterey Road, Kelowna, British Columbia
Price:
$ 719,000
MLS Number:
10404026
List Date:
October 20th, 2026
Lot Size:
0.21 ac
Year Built:
1974
Taxes:
$ 4,561

Interior Features

Bedrooms:
3
Bathrooms:
2
Total Rooms:
Heating:
Forced air, See remarks
Basement:
Full

Building Features

Storeys:
2
Sewer:
Septic tank
Water:
Municipal water
Garage:
Carport
Ownership Type:
Freehold
Taxes:
$ 4,561

Floors

Finished Area:
1959 sq.ft.

Land

Lot Size:
0.21 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

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