850 Hollywood Road North, Kelowna
MLS® 10381211
Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9,200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250,000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:36863)
Property Details
- Full Address:
- 850 Hollywood Road North, Kelowna, British Columbia
- Price:
- $ 1,249,000
- MLS Number:
- 10381211
- List Date:
- March 30th, 2026
- Lot Size:
- 0.21 ac
- Year Built:
- 1990
- Taxes:
- $ 5,418
Interior Features
- Bedrooms:
- 9
- Bathrooms:
- 5
- Flooring:
- Laminate, Carpeted, Wood
- Air Conditioning:
- Central air conditioning
- Heating:
- See remarks
- Fireplaces:
- 1
- Basement:
- Full
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Irrigation District
- Roof:
- Asphalt shingle, Unknown
- Exterior:
- Vinyl siding
- Garage:
- Attached Garage, Additional Parking
- Garage Spaces:
- 12
- Ownership Type:
- Freehold
- Taxes:
- $ 5,418
Floors
- Finished Area:
- 3581 sq.ft.
Land
- View:
- City view, Mountain view, Valley view
- Lot Size:
- 0.21 ac
- Water Frontage Type:
- Other
Neighbourhood Features
Ratings
Commercial Info
Location
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