University District Kelowna

741 Yorkville Street

$1,100,000
4-bedroom+4 bath2,967 sq ftBuilt 2018Kelowna, BC
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About this home

Exceptional investment opportunity just minutes from UBCO! This well-designed walkout rancher offers outstanding flexibility for investors, multi-generational families, or owner-occupiers looking to offset their mortgage with rental income. The bright and spacious main level features 3 bedrooms, 2 full bathrooms, soaring ceilings, luxury vinyl plank flooring, and an open concept kitchen, dining, and living area filled with natural light. The primary suite includes a walk-in closet and full ensuite, while a dedicated laundry room, oversized double garage and a large view deck complete the upper level. Downstairs you'll find a legal 2 bedroom, 1 bath suite (now vacant) plus a separate 2 bedroom, 1 bath in-law suite (tenanted). The in law suite could easily be reconnected to the main residence if additional living space is desired. Live on the main floor and select your desired tenant for the legal suite to enjoy a double income yielding property that will cover the majority of your housing costs, or rent the entire property out to generate positive cash flow. Situated on a corner lot with low maintenance landscaping, this property offers abundant parking on both the upper and lower levels; a rare and highly sought after feature in this university neighborhood. Enjoy beautiful mountain and valley views, strong rental demand, and an unbeatable location close to UBCO, the airport, shopping, and major amenities.

Details

MLS® number
10402320
Type
Detached Home
Ownership
Freehold
Parking
Attached Garage, Other, Rear, Oversize, Additional Parking (7 total)
Heating
See remarks
Cooling
Central air conditioning
Flooring
Vinyl
Exterior
Brick, Other
View
City view, Mountain view, Valley view
Style
Ranch
Stories
2
Property tax
$6,365

Location

741 Yorkville Street is in University Heights, University District. The map shows the other lots in the community and the nearby walking trails.

Rooms
RoomLevelSize
Living roomAdditional Accommodation12'7" x 10'1"
Laundry roomBasement3'5" x 8'0"
KitchenAdditional Accommodation8'5" x 12'1"
BedroomBasement12'2" x 10'0"
BedroomBasement9'1" x 12'1"
4pc BathroomBasement5'0" x 8'0"
Living roomBasement15'3" x 11'8"
KitchenBasement8'8" x 10'3"
BedroomBasement9'11" x 9'11"
BedroomBasement9'11" x 9'11"
4pc BathroomBasement7'7" x 8'3"
Primary BedroomMain level13'7" x 12'11"
Laundry roomMain level15'2" x 16'2"
KitchenMain level11'3" x 14'5"
FoyerMain level15'11" x 5'5"
Dining roomMain level12'2" x 15'6"
BedroomMain level12'0" x 10'6"
BedroomMain level10'9" x 13'0"
4pc Ensuite bathMain level7'10" x 7'11"
4pc BathroomMain level8'4" x 4'11"

Listing brokerage: REMAX Kelowna

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