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1412 Lawrence Avenue, Kelowna | $999,000

An excellent option for investors, multi-generational families, or buyers looking for help with the mortgage. Cash flow at current mortgage rates as an investor, or offset a large portion of your mortgage payment while you live one of the units. Three dwelling spaces, two mortgage helpers and a central location with views toward the lake! Offering over 3,000 sq. ft. of total living space, this versatile property is a great opportunity to live in the main home while generating income from the large 1-bedroom suite and separate studio suite below. The main residence offers 3 bedrooms and 2 bathrooms over two levels, with an open-concept kitchen, living and dining area, gas fireplace and covered deck with western exposure. Two bedrooms and a full bath are on the main level, while the upper floor is dedicated to a spacious primary retreat with 5-piece ensuite, walk-in closet and private deck with expansive western views toward the lake. Downstairs, both self-contained living spaces offer excellent mortgage-helper potential. The 1-bedroom suite is spacious and bright with large windows and a private porch. Outside, enjoy a large fenced yard, two driveways plus a double garage for the main residence, all in a convenient central location close to downtown, transit, parks, shopping and everyday services. (some photos from before current tenants)

Description

An excellent option for investors, multi-generational families, or buyers looking for help with the mortgage. Cash flow at current mortgage rates as an investor, or offset a large portion of your mortgage payment while you live one of the units. Three dwelling spaces, two mortgage helpers and a central location with views toward the lake! Offering over 3,000 sq. ft. of total living space, this versatile property is a great opportunity to live in the main home while generating income from the large 1-bedroom suite and separate studio suite below. The main residence offers 3 bedrooms and 2 bathrooms over two levels, with an open-concept kitchen, living and dining area, gas fireplace and covered deck with western exposure. Two bedrooms and a full bath are on the main level, while the upper floor is dedicated to a spacious primary retreat with 5-piece ensuite, walk-in closet and private deck with expansive western views toward the lake. Downstairs, both self-contained living spaces offer excellent mortgage-helper potential. The 1-bedroom suite is spacious and bright with large windows and a private porch. Outside, enjoy a large fenced yard, two driveways plus a double garage for the main residence, all in a convenient central location close to downtown, transit, parks, shopping and everyday services. (some photos from before current tenants)

General Info


MLS Listing ID: 10397354 Bedrooms: 5 Bathrooms: 4 Year Built: 1993
Parking: Attached Garage Heating: Forced air, See remarks Lotsize: 0.14 ac|under 1 acre Air Conditioning : Central air conditioning, Wall unit
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Full

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .