$1,578,900

ID# 10308978

122 Wallace Road
Kelowna, British Columbia V1X4T1

TRUE INVESTMENT OPPORTUNITY! Massive 18,300sqft subdividable lot with the application to subdivide already in place with the city of Kelowna! Potential to build TWO fourplexs on this property, one on each lot. With city of Kelowna zoning changes coming into affect soon this is a very smart investment for immediate redevlopment or as a holding property to develop in the future. The house is currently being rented for $2,700 per month plus utilities on month to month basis. There is a large 24ft X 24ft detached shop with 200 amp power supply which was previously rented out as well so this property could generate you over $3100 per month in passive income. Prime location with maximum exposure as this lot is right on the corner of Rutland Road and Wallace. Extremely close to all amenities, shops, schools and public transit. (id:3942)

Courtesy of Royal LePage Kelowna

Listed on: April 05, 2024

On market: 26 days

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Bathroom Total	2
Bedrooms Total	3
Half Bathrooms Total	0
Year Built	1940
Cooling Type	Wall unit
Flooring Type	Carpeted, Laminate, Tile
Heating Type	Forced air, See remarks
Stories Total	2

Den	Second level	9'6'' x 9'2''
Bedroom	Second level	11'7'' x 9'9''
Bedroom	Second level	8'2'' x 5'0''
Full bathroom	Main level	Measurements not available
Laundry room	Main level	12'3'' x 5'4''
4pc Bathroom	Main level	9'8'' x 4'11''
Primary Bedroom	Main level	11'0'' x 15'0''
Kitchen	Main level	12'0'' x 15'5''
Living room	Main level	13'2'' x 16'0''

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LEARN MORE

Jody Miller

Personal Real Estate Corporation

250.469.4639

jody@buykelowna.com

Royal LePage Kelowna

Independently Owned & Operated

250.860.1100

1-1890 Cooper Road,

Kelowna, BC, V1Y 8B7

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122 Wallace Road Kelowna, British Columbia V1X4T1

122 Wallace Road
Kelowna, British Columbia V1X4T1