850 Hollywood Road N Kelowna, British Columbia V1X 5Y7
$1,249,000
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:63476)
Open House
This property has open houses!
1:00 pm
Ends at:3:00 pm
You can park on the main road on Hollywood, and come in.
Property Details
| MLS® Number | 10381211 |
| Property Type | Single Family |
| Neigbourhood | Rutland North |
| Amenities Near By | Golf Nearby, Airport, Recreation, Schools, Shopping |
| Features | Level Lot |
| Parking Space Total | 12 |
| View Type | City View, Mountain View, Valley View |
| Water Front Type | Other |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 9 |
| Basement Type | Full |
| Constructed Date | 1990 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detector Only |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Carpeted, Laminate, Wood |
| Heating Type | See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 2 |
| Size Interior | 3,581 Ft2 |
| Type | House |
| Utility Water | Irrigation District |
Parking
| Additional Parking | |
| Attached Garage | 2 |
Land
| Access Type | Easy Access |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Golf Nearby, Airport, Recreation, Schools, Shopping |
| Landscape Features | Landscaped, Level |
| Sewer | Municipal Sewage System |
| Size Frontage | 61 Ft |
| Size Irregular | 0.21 |
| Size Total | 0.21 Ac|under 1 Acre |
| Size Total Text | 0.21 Ac|under 1 Acre |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Media | 12'0'' x 21'0'' | ||
| Second Level | Full Bathroom | 9'5'' x 7'6'' | ||
| Second Level | 3pc Ensuite Bath | 4'0'' x 10'2'' | ||
| Second Level | Bedroom | 11'6'' x 11'2'' | ||
| Second Level | Dining Room | 10'10'' x 7'10'' | ||
| Second Level | Bedroom | 25'8'' x 9'7'' | ||
| Second Level | Bedroom | 12'10'' x 10'11'' | ||
| Second Level | Bedroom | 9'5'' x 9'11'' | ||
| Second Level | Primary Bedroom | 26'3'' x 12'10'' | ||
| Second Level | Bedroom | 10'0'' x 17'5'' | ||
| Second Level | Living Room | 12'10'' x 26'3'' | ||
| Second Level | Kitchen | 10'10'' x 9'7'' | ||
| Main Level | Bedroom | 11'7'' x 11'1'' | ||
| Main Level | 3pc Bathroom | Measurements not available | ||
| Main Level | 3pc Ensuite Bath | Measurements not available | ||
| Main Level | Kitchen | 10'0'' x 10'0'' | ||
| Main Level | Full Bathroom | 9'4'' x 8'3'' | ||
| Main Level | Laundry Room | 9'10'' x 12'5'' | ||
| Main Level | Bedroom | 9'4'' x 9'6'' | ||
| Main Level | Bedroom | 12'10'' x 9'9'' |
Contact Us
Contact us for more information
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April 01 2026 01:48:41
Association of Interior REALTORS®
Royal LePage Kelowna