331-351 Phipps Crescent, Kelowna
MLS® 10368948
Rare opportunity to own a beautifully-maintained, FULL duplex in a quiet, family-friendly Rutland neighborhood with no strata fees! Built in 1995, this solid 2-storey property offers excellent rental income and future potential. Each side features 1,534 sq ft (3,068 total), 3 bedrooms and 2.5 bathrooms. The main floor includes a spacious kitchen, living room, powder room, laundry, and primary bedroom with ensuite. Upstairs you'll find two generous bedrooms and a full bathroom with skylight. Each unit enjoys its own private yard, separate entry, driveway parking, and secured garage space. Plenty of room for multiple vehicles or even a workshop. The location is fantastic: 10-minute bike ride to Ben Lee Park, walking distance to Rutland Elementary, Rutland Middle School, and Rutland Senior Secondary. Rutland Activity Centre, YMCA, Rutland Arena and local dog park are all nearby. Steps from transit, minutes to shopping, 15 min. to UBCO and Kelowna International Airport, 10 min. to the lake and waterfront parks, 45 min. to Big White. Currently generating strong rental income with excellent long-term tenants paying $3,200/month+ each on month-to-month leases. Perfect for investors seeking steady cashflow or owner-occupiers looking to live in one side and offset their mortgage (proper notice required under RTA). Potential for future stratification – buyer to verify with city. A solid investment in a vibrant, growing neighborhood. Newly-listed at a great price! (id:36863)
Property Details
- Full Address:
- 331-351 Phipps Crescent, Kelowna, British Columbia
- Price:
- $ 1,200,000
- MLS Number:
- 10368948
- List Date:
- November 10th, 2025
- Lot Size:
- 0.2 ac
- Year Built:
- 1995
- Taxes:
- $ 5,844
Interior Features
- Bedrooms:
- 6
- Bathrooms:
- 5
- Appliances:
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
- Flooring:
- Laminate, Carpeted
- Air Conditioning:
- See Remarks
- Heating:
- Baseboard heaters
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Exterior:
- Vinyl siding
- Garage:
- Attached Garage
- Garage Spaces:
- 1
- Ownership Type:
- Freehold
- Taxes:
- $ 5,844
Floors
- Finished Area:
- 3068 sq.ft.
Land
- Lot Size:
- 0.2 ac
Neighbourhood Features
Ratings
Commercial Info
Location
Mortgage Calculator
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