4 SUITES • $7,087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1,100 sq. ft. each, while the lower suites are approximately 1,000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7,087/month, with 1179A at $1,800, 1179B at $2,100, 1175A at $1,367 and 1175B at $1,820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:44056)

Property Details

Full Address:
1175-1179 Raymer Avenue, Kelowna, British Columbia
Price:
$ 1,749,000
MLS Number:
10394668
List Date:
July 14th, 2026
Lot Size:
0.22 ac
Year Built:
1973
Taxes:
$ 8,571

Interior Features

Bedrooms:
8
Bathrooms:
3
Total Rooms:
Flooring:
Carpeted, Vinyl
Heating:
Baseboard heaters, Forced air, Electric, See remarks

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Tar & gravel, Unknown
Exterior:
Stucco
Garage:
Street
Garage Spaces:
8
Ownership Type:
Freehold
Taxes:
$ 8,571

Floors

Finished Area:
4220 sq.ft.

Land

Lot Size:
0.22 ac
Lot Features:
Level lot, Private setting

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Neighbourhood Details

Location

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Herman Neustaedter Judy Lindsay Okanagan
250-864-9197
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Listing Agent(s)

Lead Agent: Herman Neustaedter
Office: Judy Lindsay Okanagan
Originating Board: Association of Interior REALTORS®

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