755-759 Francis Avenue, Kelowna, BC, V1Y 5G6 - house for sale | Listing ID 10323437

House For Sale In Kelowna, British Columbia

$1,599,900 QuickQuote^TM: Not Available

9 Beds

6 Baths

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755-759 Francis Avenue, Kelowna, BC - Outdoor

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Living Room

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Living Room With Fireplace

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Other Room

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Kitchen With Double Sink

755-759 Francis Avenue, Kelowna, BC - Indoor

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Laundry Room

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Bathroom

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Bedroom

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Office

755-759 Francis Avenue, Kelowna, BC - Outdoor With Exterior

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Kitchen With Double Sink With Upgraded Kitchen

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Kitchen With Upgraded Kitchen

755-759 Francis Avenue, Kelowna, BC - Indoor Photo Showing Kitchen

755-759 Francis Avenue, Kelowna, BC - Other

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755-759 Francis Avenue, Kelowna, British Columbia, V1Y 5G6

$1,599,900

9 Beds

6 Baths

Property Information:

MULTI-FAMILY, INVESTORS, RENTAL PROPERTY Families looking for rental units. MAIN HOUSE with LEGAL SUITE AND FULL DUPLEX IN THE LANEWAY. 9 BEDROOMS IN TOTAL. 4 FULL BATHROOMS AND 2 HALF BATHS IN TOTAL. 4 KITCHENS IN TOTAL. MAIN FLOOR - main house main floor Basement- main house basement suite Third Floor- 759 laneway Second Floor - 757 laneway Fantastic opportunity to own a multi-family property in a prime location in Kelowna. Centrally located in Kelowna South, this property is close to all amenities including shopping, restaurants, schools and parks and transit, and hospital. This UNIQUE property offers a Main house with a 2 bedroom 1 bath legal suite AS WELL AS a full side by side duplex in the laneway with its own parking. The main house was built approx. 1965 and has had some updates including the roof. The Duplex was built in 2019. The main house has 3 beds 1 bath up and an additional 2 beds 1 bath down. Each duplex has 2 beds and a flex space, 1.5 baths. SEE THE FLOOR PLANS FOR EACH SPACE. 755A, 755B, 757, 759 are all tenanted. Combined monthly income currently is $7,608.00 with 3 of the 4 units already given rent increase notices for January. Rental income as of January 2025 will be $7788. per month. CAP RATE currently of 5.25% (Jan 2025 CAP is approx. 5.39%) Options to redevelop main house, potentially stratify. Well maintained property and managed by a property manager. Appointments necessary. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Architectural Style: Other
Fireplace Fuel: Unknown
Fireplace Type: Decorative
Heating Type:
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 9
Bathrooms: 6
Half Bathrooms: 2
Access Type: Easy access
Amenities Nearby: Public Transit, Airport, Park, Recreation, Schools, Shopping
Built in: 1965
Community Features: Family Oriented, Pets Allowed, Pet Restrictions, Rentals Allowed
Features: Level lot
Landscape Features:
Zoning Type: Unknown
Sewer: Municipal sewage system
Parking Type: See Remarks, Carport, Other, Rear, Stall

Rooms:

Bathroom 2nd Level Measurements not available
Primary Bedroom 2nd Level 11'7'' x 10'7''
Bedroom 2nd Level 9'4'' x 12'
Primary Bedroom 2nd Level 9'11'' x 10'6''
Bedroom 2nd Level 9' x 11'2''
Bathroom 2nd Level 7'1'' x 5'5''
Bathroom Main Level 4'9'' x 5'11''
Bathroom Main Level 5'1'' x 4'9''
Primary Bedroom Main Level 11'4'' x 11'2''
Living Main Level 14'11'' x 19'7''
Kitchen Main Level 9'5'' x 12'3''
Dining Main Level 9'9'' x 9'11''
Bedroom Main Level 9'3'' x 10'1''
Bedroom Main Level 11'4'' x 9'7''
Bathroom Main Level 9'4'' x 6'11''
Primary Bedroom 9'11'' x 11'5''
Living 11'7'' x 14'9''
Kitchen 11'4'' x 13'5''
Dining 11'4'' x 8'2''
Bedroom 11'3'' x 9'11''
Bathroom 8'10'' x 6'
Other 8' x 7'10''
Living 11'8'' x 10'5''
Kitchen 11'7'' x 9'6''
Dining 11'6'' x 7'1''
Living 21'1'' x 13'8''
Kitchen 12' x 9'

Courtesy of: Macdonald Realty Interior

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Location of 755-759 Francis Avenue, Kelowna, British Columbia, V1Y 5G6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 755-759 Francis Avenue , experiences 7 hot days per year at around 32.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 36.7 degrees Celsius.

Projected Avg. Temperature

Past

32.9℃

2050

36.7℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 755-759 Francis Avenue , experiences 11 significant 2-day storms per year, with about 141.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 155.3mm of precipitation per year.

Precipitation Per Storm

Past

141.7mm

2050

155.3mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 755-759 Francis Avenue, Kelowna, British Columbia, V1Y 5G6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$120,278.36

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.17 %

High school certificate or equivalent

24.31 %

Apprenticeship trade certificate/diploma

7.82 %

College/non-university certificate

24.51 %

University certificate (below bachelor)

1.54 %

University Degree

30.65 %

Commuter

Travel To Work

By Car

71.31 %

By Public Transit

1.27 %

By Walking

18.57 %

By Bicycle

5.75 %

By Other Methods

3.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.39 %

Houses

71.61 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Rooms:

Market Price Trends

Location of 755-759 Francis Avenue, Kelowna, British Columbia, V1Y 5G6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 755-759 Francis Avenue, Kelowna, British Columbia, V1Y 5G6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

755-759 Francis Avenue, Kelowna, British Columbia, V1Y 5G6

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Please contact your agent directly about this listing

Please contact your agent directly about this listing

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