1494/1496 Elm Street, Kelowna, British Columbia V1Y 3W9

Listed for:
$1,000,000
6 beds
4 baths
Listed 2 days ago
Duplex for rent: 1494/1496 Elm Street, Kelowna, British Columbia V1Y 3W9

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About

Developers, investors, and forward-thinkers—this is the opportunity you’ve been waiting for! This FULL duplex sits in one of Kelowna’s most strategically positioned locations, offering immediate rental income potential — including Airbnb — AND long-term redevelopment upside within the city’s Transit Supportive Corridor Pilot. No strata fees, ample parking, the property is as practical as it is promising. Each side features 3 bedrooms & 2 bathrooms, with 1494 vacant for immediate possession, while 1496 is rented. The homes are mostly original—prime for renovation, value-adding upgrades, or holding as-is while planning your next move. Both sides have private yards, and 1494 features a detached 18' x 24' garage perfect for trades, storage, or workshop use. The property backs onto Duggan Park, offering instant access to green space and a dog park. Just off Bernard Avenue, you’re steps from the new Parkinson Recreation Centre, schools, the Apple Bowl, restaurants and the Landmark District. Transit access is exceptional. With two water services, two sewer lines, and a concrete block dividing wall, future stratification may be possible. Even more compelling: positioned at the crest of the hill, this lot (and the adjacent lot) offers future Okanagan Lake views—a major advantage for multi-unit housing development. Hold, rent, renovate, stratify, or redevelop—this property is a rare blend of present-day practicality and future-ready potential. (id:27476)

Property Highlights

MLS® Number
10397379
Type
Single Family
Ownership Type
Freehold
Land Size
0.2 ac|under 1 acre
Parking Space Total
5

Building

Building Type
Duplex
Storeys
1.50
Square Footage
2972 sqft
Bathrooms Total
4
Bedrooms Total
6
Amenities
Park, Recreation, Schools, Shopping
Exterior Finish
Aluminum, Stucco
Fireplace Present
Yes
Basement Type
Basement Features
Building Heating Type
Forced air, See remarks
Heating Fuel
Building Cooling Type
Window air conditioner

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Other
Second level
10'1'' x 5'2''
3pc Bathroom
Second level
6'11'' x 8'0''
Bedroom
Second level
10'3'' x 11'1''
Other
Second level
5'2'' x 3'8''
Bedroom
Second level
9'10'' x 11'5''
Primary Bedroom
Second level
10'9'' x 11'5''
3pc Bathroom
Second level
6'11'' x 8'0''
Other
Second level
5'2'' x 3'8''
Primary Bedroom
Second level
10'9'' x 11'5''
Other
Second level
10'1'' x 5'2''
Bedroom
Second level
10'3'' x 11'1''
Bedroom
Second level
9'10'' x 11'5''
Family room
Main level
21'5'' x 10'8''
3pc Bathroom
Main level
7'3'' x 7'1''
Kitchen
Main level
17'1'' x 16'5''
Laundry room
Main level
7'5'' x 7'2''
Living room
Main level
17'4'' x 15'7''
Living room
Main level
17'4'' x 15'7''
Laundry room
Main level
7'5'' x 7'2''
Kitchen
Main level
17'1'' x 16'5''
Family room
Main level
21'5'' x 10'8''
3pc Bathroom
Main level
7'3'' x 7'1''

Location

Learn more about this property
Listing provided by:
Vantage West Realty Inc.
MLS® number:
10397379
Agent:
Fil Strycharek
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