Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
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:61048)
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'' |
https://www.realtor.ca/real-estate/29532990/850-hollywood-road-n-kelowna-rutland-north
Contact Us
Contact us for more information
Sam Belete
www.sambelete.royallepage.ca/
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7
(250) 860-1100
(250) 860-0595
royallepagekelowna.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 01 2026 12:29:14
Association of Interior REALTORS®
Royal LePage Kelowna