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122 Wallace Road
Rutland North Kelowna V1X 4T1

$1,578,900
Single Family beds: 3 baths: 2.0 built: 1940

Main Photo: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
Photo 1: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
Photo 2: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
Photo 3: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
Photo 4: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
Photo 5: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
Photo 6: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
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Photo 22: 122 Wallace Road in Kelowna: House for sale : MLS®# 10308978
Status:
Active
Prop. Type:
Single Family
MLS® Num:
10308978
Bedrooms:
3
Bathrooms:
2
Year Built:
1940
TRUE INVESTMENT OPPORTUNITY! Massive 18,300sqft subdividable lot with the application to subdivide already in place with the city of Kelowna! Potential to build TWO fourplexs on this property, one on each lot. With city of Kelowna zoning changes coming into affect soon this is a very smart investment for immediate redevlopment or as a holding property to develop in the future. The house is currently being rented for $2,700 per month plus utilities on month to month basis. There is a large 24ft X 24ft detached shop with 200 amp power supply which was previously rented out as well so this property could generate you over $3100 per month in passive income. Prime location with maximum exposure as this lot is right on the corner of Rutland Road and Wallace. Extremely close to all amenities, shops, schools and public transit. (id:2493)
Property Type:
Single Family
Size Interior:
1,601 sq. ft.
Transaction Type:
For sale
Ownership Type:
Freehold
Community:
Rutland North
Amenities:
Golf Nearby, Airport, Park, Recreation, Schools, Shopping
Community Features:
Family Oriented
Building Type:
House
Bedrooms:
3
Bathrooms:
2.0
Half Bathrooms:
0
Age:
84 years
Construction Style Attachment:
Detached
Cooling:
Wall unit
Exterior Finish:
Stucco, Vinyl siding
Fireplace:
No
Floor finish:
Carpeted, Laminate, Tile
Heating:
Forced air, See remarks
Roof Style:
Asphalt shingle, Unknown
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Golf Nearby, Airport, Park, Recreation, Schools, Shopping
Fence Type:
Fence
Lot Frontage:
154'
Acreage:
No
Lot Size:
18,295.2 sq. ft.
Lot Size:
0.42 ac|under 1 acre
Lot Details:
0.42
Detached Garage:
2
Total Parking Spaces:
6
Parking Type:
See Remarks, Detached Garage
Floor
Type
Size
Other
Second level
Den
9'6" × 9'2"
-
Second level
Bedroom
11'7" × 9'9"
-
Second level
Bedroom
8'2" × 5'
-
Main level
Laundry room
12'3" × 5'4"
-
Main level
Primary Bedroom
15' × 11'
-
Main level
Kitchen
15'5" × 12'
-
Main level
Living room
16' × 13'2"
-
Floor
Ensuite
Pieces
Other
Main level
No
-
Measurements not available
Main level
No
4
9'8" x 4'11"
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Listed by Royal LePage Kelowna
Data was last updated May 5, 2024 at 03:45 PM (UTC)
Area Statistics
Listings on market:
169
Avg list price:
$1,399,000
Min list price:
$155,000
Max list price:
$3,395,000
Avg days on market:
40
Min days on market:
2
Max days on market:
347
Avg price per sq.ft.:
$699.5
These statistics are generated based on the current listing's property type and located in Rutland North. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.