University District, Kelowna
741 Yorkville Street
University District, Kelowna, British Columbia, V1V 0A9
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.
Property details
Property summary
- MLS® #
- 10402320
- Listing price
- $1,100,000
- Property subtype
- Single Family
- Title
- Freehold
- Square footage
- 2,967 sqft
- Lot size
- 0.191 acres (8,320 sq ft)
- Annual property tax
- $6,365 (2025)
- Parcel number (PID)
- 030-142-181
- Year built
- 2018 (8 years old)
Bedroom & bathroom
- Total bedrooms
- 7
- Total bathrooms
- 4
- Partial bathrooms
- 0
Heating & cooling
- Heating type
- Natural gas
- Cooling
- Central air
Building
- Architectural style
- Ranch
- Stories
- 2
- View
- City view, Mountain view, Valley view
- Exterior
- Balcony
- Roof
- Asphalt, Shingle
- Water
- Public
- Sewer
- Public sewer
- Total parking
- 7
- Parking
- Additional parking, Attached, Garage, Garage door opener, Open, Other, Oversized, Rear side off street
Location
Neighbourhood Access
Neighbourhood Access
Moderate
A main grocery a 6-minute drive away; a transit stop 3 minutes away; a park or trail 15 minutes away.
- Nearest main grocery
- 6 min drive
- Park or trail
- 15 min walk
- Nearest transit
- 3 min walk, 18 trips/weekday
- Nearest school
- 10 min walk
- Restaurants & cafés
- 0 within a 15-min walk
- Shops & services
- 0 within a 15-min walk
Neighbourhood Access is produced by A.L.I.C.E. from OpenStreetMap, BC Transit and BC school data, using network walking, cycling and transit distances from this address with an Okanagan terrain adjustment. We strive for accuracy, but the figures are indicative and should be independently verified.