5 bed home PLUS 2 bed LEGAL SUITE! Incredible value & holding potential. Legal suite was added on to the rear of the home (laneway access) allowing it to be offset from the main part of the house. This makes it so you don't get any of the typical up/down noise transfer between occupants. Main house upper level has 3 beds, 1 bath, well maintained with bright kitchen/living area and access to private laundry. Fantastic layout & new deck surface off the kitchen. Lower level of main home has 2 beds, 1 bath, & 2nd private laundry. The LEGAL SUITE offers 2 beds,1 bath, fresh paint, new fridge, plenty of bright living space & its own laundry. Great option for a large family while still earning income from the legal suite OR buy & hold as an investment w/rental income. City has indicated alignment w/provincial short term rules which may open up this property for being an Air BNB if owner occupies a portion of the home. Plenty of parking available as well as detached shed for storage off the laneway access. Recent landscaping, gutters, exterior updates, paint & new roof in 2024. Turn-key opportunity for someone to step in & add to their investment portfolio, or reside as a homeowner/landlord & generate rental income from the suite. MF1 zoning. Ideal proximity to shopping, dining, breweries, transportation, Okanagan Lake, Knox Mountain, the new UBCO downtown location & so much more. As far as rentals in Kelowna go, this home shows A+ & currently generates excellent rental income.
For sale
C$1,035,000
885 Walrod St, Kelowna, BC V1Y 2S4
7beds
2,759sqft
Single Family Residence
Built in 1958
6,969 Square Feet Lot
$-- Zestimate®
C$375/sqft
C$-- HOA
What's special
Laneway accessAccess to private laundryFresh paintNew fridgePlenty of parking availableRecent landscapingExterior updates
- 172 days |
- 27 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Lani Rae,
Century 21 Assurance Realty Ltd
Source: Association of Interior REALTORS,MLS®#: 10374368Originating MLS®#: Association of Interior REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: legal suite
- Level: Third
- Area: 125.38 Square Feet
- Dimensions: 12.75x9.83
Primary bedroom
- Description: main house upper
- Level: Second
- Area: 157.9 Square Feet
- Dimensions: 11.92x13.25
Primary bedroom
- Description: Main house upper
- Level: Main
- Area: 106.26 Square Feet
- Dimensions: 11.92x8.92
Bedroom
- Description: Main house upper
- Level: Main
- Area: 94.19 Square Feet
- Dimensions: 8.25x11.42
Bedroom
- Description: main house upper
- Level: Main
- Area: 107.67 Square Feet
- Dimensions: 9.50x11.33
Bedroom
- Description: legal suite
- Level: Third
- Area: 114.39 Square Feet
- Dimensions: 11.83x9.67
Bedroom
- Description: main house lower
- Level: Second
- Area: 115.54 Square Feet
- Dimensions: 9.83x11.75
Dining room
- Description: legal suite
- Level: Third
- Area: 75.75 Square Feet
- Dimensions: 9.00x8.42
Dining room
- Description: Main house upper
- Level: Main
- Area: 98.31 Square Feet
- Dimensions: 9.75x10.08
Other
- Description: main house upper
- Features: Four Piece Bathroom
- Level: Main
- Area: 43.5 Square Feet
- Dimensions: 4.83x9.00
Other
- Description: legal suite
- Features: Four Piece Bathroom
- Level: Third
- Area: 38.51 Square Feet
- Dimensions: 4.92x7.83
Other
- Description: main house lower
- Features: Four Piece Bathroom
- Level: Second
- Area: 61.88 Square Feet
- Dimensions: 5.50x11.25
Kitchen
- Description: main house upper
- Level: Main
- Area: 93.33 Square Feet
- Dimensions: 9.33x10.00
Kitchen
- Description: main house lower
- Level: Second
- Area: 168.97 Square Feet
- Dimensions: 12.83x13.17
Kitchen
- Description: legal suite
- Level: Third
- Area: 81.33 Square Feet
- Dimensions: 10.17x8.00
Laundry
- Description: main house lower
- Level: Second
- Area: 60.06 Square Feet
- Dimensions: 7.83x7.67
Living room
- Description: legal suite
- Level: Third
- Area: 192.29 Square Feet
- Dimensions: 16.25x11.83
Living room
- Description: Main house upper
- Level: Main
- Area: 197.62 Square Feet
- Dimensions: 11.92x16.58
Heating
- Baseboard, Electric, Forced Air, Natural Gas
Cooling
- Wall Unit(s)
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 2,759 sqft
- Finished area above ground: 2,007
- Finished area below ground: 752
Property
Parking
- Parking features: Additional Parking, Detached, Garage, Other, Rear/Side/Off Street, RV Access/Parking, On Street
Accessibility
- Accessibility features: Accessibility Features
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Storage
- Pool features: None
- Waterfront features: None
Lot
- Size: 6,969 Square Feet
- Dimensions: 50.00 x 136.00
- Features: Central Business District, Easy Access, Level, Near Park, Near Public Transit, Paved
Details
- Parcel number: 004819179
- Zoning: MF1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Recreation Area, Shopping
HOA
- Has HOA: No
Location
- Region: Kelowna
Financial & listing details
- Price per square foot: C$375/sqft
- Annual tax amount: C$5,293
- Date on market: 1/30/2026
- Cumulative days on market: 173 days
- Ownership: Freehold,Fee Simple
Lani Rae
Lani Rae
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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