1287-1289 Lawrence Avenue Kelowna, BC V1Y 6M5

Property Photo: 1287-1289 Lawrence Avenue BC V1Y 6M5

Listing Courtesy of:

CREA / Coldwell Banker Horizon Realty / Avery Watson

1287-1289 Lawrence Avenue Kelowna, BC V1Y 6M5

Active (3 Days)

$1,405,371

BED

BATH

4,018

SQFT

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Description

This rare 4-plex has all the things going for it that investors want such as a location that tenants love, loads of parking for their vehicles and toys and affordable rates. This proven revenue maker is well kept with many recent upgrades and improvements. As a result, tenants love it. They walk to eveything they need. Each unit has two bedrooms and one bathroom for a total of 8 bedrooms and 4 bathrooms, their own laundry ( 8 machines total) and their own heat. Each side is separately metered. $5,980 monthly revenue with one side paying half utilities and the other having it included in their rent. There is potential for rent upsizing over time so this could be an excellent holding property while rents rise. There is room for an additional 4-plex on the property or maybe even more density with more height. This combination of land and building in a great location is hard to beat. (id:41440)

MLS®:
10350722

Lot Size
0.28 acres

Type
Single-Family Home

Year Built
1960

Style
Split Level Entry

County
Central Okanagan

Listed By

Ian Watson, Coldwell Banker Horizon Realty
Avery Watson, Coldwell Banker Horizon Realty

Source
CREA
Last checked Jul 11 2025 at 7:30 AM PDT

Bathroom Details

Full Bathrooms: 4

Interior Features

Refrigerator
Range - Electric
Dryer
Washer & Dryer
Water Heater - Electric

Lot Information

Irregular Lot Size

Heating and Cooling

Baseboard Heaters
Electric
Window Air Conditioner

Exterior Features

Brick
Stucco
Roof: Asphalt Shingle
Roof: Unknown

Utility Information

Sewer: Municipal Sewage System

Parking

Other
Rear
Street
Oversize
Total: 7

Stories

Living Area

4,018 sqft

Disclaimer:

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. Listing Data Last Updated: 7/11/25 00:30

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