**Rare legal 3-plex investment opportunity in a prime central Kelowna location.** This well-maintained, income-producing property offers 6 bedrooms and 4 full bathrooms across three self-contained units—an excellent addition to any portfolio. Located just blocks from Kelowna General Hospital, Okanagan Lake, the future downtown UBCO campus and less than one block to the Ethel Street bike corridor, this area consistently attracts strong tenant demand. Each unit features a functional two-storey layout with a living room, kitchen, dining area, and 2-piece bathroom on the main floor, finished with durable polished concrete flooring. Upstairs offers two bedrooms per unit. The front unit is especially desirable, featuring two primary bedrooms, each with its own 4-piece ensuite and access to a sunny south-facing deck. Units 2 and 3 each include two bedrooms and one full bathroom, with Unit 3 mirroring Unit 2. All appliances are under five years old, and each unit includes a storage shed. All three units are currently rented, providing immediate income. Month-to-month tenancies offer flexibility for future rent adjustments or repositioning. This is a rare opportunity to secure a legal multi-family property in one of Kelowna’s most sought-after rental corridors. This property would be amazing for short-term rentals, if the city changes its current short term rental policies. (id:44056)

Property Details

Full Address:
860 Glenwood Avenue, Kelowna, British Columbia
Price:
$ 1,599,599
MLS Number:
10394872
List Date:
July 16th, 2026
Lot Size:
0.14 ac
Year Built:
2006
Taxes:
$ 7,247

Interior Features

Bedrooms:
6
Bathrooms:
7
Half Bedrooms:
3
Total Rooms:
Appliances:
Refrigerator, Oven - Electric, Range - Electric, Dishwasher, Washer/Dryer Stack-Up, Water Heater - Electric
Flooring:
Concrete, Laminate
Air Conditioning:
Wall unit
Heating:
Baseboard heaters

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Vinyl Shingles, Unknown
Garage:
Rear, Street
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 7,247

Floors

Finished Area:
3196 sq.ft.

Land

Lot Size:
0.14 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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