Let’s Connect
ROB DION, BBA
(250) 575-5255
robdion@royallepage.ca
LEE IVANS, BBA
(250) 575-5455
leeivans@royallepage.ca
Royal LePage Kelowna
1-1890 Cooper Road
Kelowna, B.C.
410 Holbrook Road W
Kelowna
V1X 1S3
$1,600,000
Single Family
beds: 12
baths: 8.0
4,472 sq. ft.
built: 1968
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 10349606
- Bedrooms:
- 12
- Bathrooms:
- 8
- Year Built:
- 1968
- Photos (59)
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Opportunities like this don’t come up often—especially not in this condition. Set in the heart of Rutland, this well-maintained four-plex is tailor-made for investors and developers looking for solid income today and big upside tomorrow. The property not only has development potential but also has a significant rental uptake potential. The property currently sits at 4.34% cap rate generating over $98,000 annually currently. With MF2 zoning allowing for future redevelopment potential (up to 7-8 townhomes), this 0.40-acre property is as strategic as it is smart. This fully tenanted property is ideal for holding while you plan your next move. Each of the four units is set up as a 2 storey townhome with 3 bedrooms and 1.5 bathrooms. Each unit their own outdoor space, parking, and dedicated storage. The condition is clean, functional, and tenant-friendly, making it easy to keep full and cash flowing. Located steps from transit, shops, restaurants, and schools, this is a high-demand rental pocket with long-term development value. Rarely do four-plexes in this shape hit the market—especially with zoning this favorable. (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Total Living Area:
- 4,472 sq. ft.
- Zoning:
- Unknown
- Taxes:
- $9,288.31 / -
- Community:
- Rutland South
- Exterior Features:
- Stucco
- Structure Type:
- Fourplex
- Home Style:
- Other
- Bedrooms:
- 12
- Bathrooms:
- 8.0
- Half Bathrooms:
- 4
- Roof:
- Asphalt shingle, Unknown
- Cooling:
- See Remarks
- Fireplace:
- No
- Heating:
- Electric
- Roof Style:
- Asphalt shingle, Unknown
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Septic tank
- Lot Frontage:
- 65'
- Lot Size:
- 17,424 sq. ft.
- Lot Details:
- 0.4
- Parking:
- Stall
- Total Parking Spaces:
- 4
- Floor
- Type
- Size
- Other
- Main level
- Other
- 10'9" × 3'1"
- -
- Main level
- Kitchen
- 11'11" × 10'3"
- -
- Main level
- Living room
- 17'2" × 15'6"
- -
- Main level
- Foyer
- 8'11" × 3'6"
- -
- Main level
- Other
- 10'8" × 3'1"
- -
- Main level
- Kitchen
- 12' × 10'4"
- -
- Main level
- Living room
- 15'5" × 13'11"
- -
- Main level
- Foyer
- 6'10" × 5'3"
- -
- Main level
- Kitchen
- 11'10" × 10'5"
- -
- Main level
- Living room
- 16'10" × 15'3"
- -
- Main level
- Foyer
- 13' × 8'9"
- -
- Main level
- Foyer
- 8'11" × 3'6"
- -
- Main level
- Living room
- 17'2" × 15'6"
- -
- Main level
- Kitchen
- 11'11" × 10'3"
- -
- Main level
- Other
- 10'9" × 3'1"
- -
- Second level
- Primary Bedroom
- 11'9" × 11'2"
- -
- Second level
- Bedroom
- 12'2" × 9'8"
- -
- Second level
- Bedroom
- 8'8" × 8'7"
- -
- Second level
- Other
- 11'5" × 5'1"
- -
- Second level
- Primary Bedroom
- 11'10" × 11'4"
- -
- Second level
- Bedroom
- 12'5" × 9'11"
- -
- Second level
- Bedroom
- 8'9" × 8'7"
- -
- Second level
- Other
- 8' × 5'2"
- -
- Second level
- Other
- 7'2" × 4'3"
- -
- Second level
- Bedroom
- 11'7" × 10'11"
- -
- Second level
- Primary Bedroom
- 12'3" × 9'9"
- -
- Second level
- Bedroom
- 8'9" × 8'3"
- -
- Second level
- Other
- 10'3" × 8'3"
- -
- Second level
- Other
- 11'5" × 5'1"
- -
- Second level
- Bedroom
- 8'8" × 8'7"
- -
- Second level
- Bedroom
- 12'2" × 9'8"
- -
- Second level
- Primary Bedroom
- 11'9" × 11'2"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 2
- 6'2" x 3'2"
- Main level
- No
- 2
- 6'6" x 3'1"
- Main level
- No
- 2
- 6'6" x 2'10"
- Main level
- No
- 2
- 6'2" x 3'2"
- Second level
- No
- 3
- 8'1" x 6'7"
- Second level
- No
- 3
- 8'3" x 7'2"
- Second level
- No
- 3
- 7'11" x 7'2"
- Second level
- No
- 3
- 8'1" x 6'7"
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Listed by Vantage West Realty Inc.
Data was last updated June 20, 2025 at 12:45 PM (UTC)
Area Statistics
- Listings on market:
- 94
- Avg list price:
- $514,950
- Min list price:
- $234,900
- Max list price:
- $2,999,000
- Avg days on market:
- 48
- Min days on market:
- 1
- Max days on market:
- 500
- Avg price per sq.ft.:
- $397.41
These statistics are generated based on the current listing's property type
and located in
Rutland South. Average values are
derived using median calculations.
- Rob Dion
- Royal LePage Kelowna
- 1 (250) 575-5255
- robdion@royallepage.ca
- Lee Ivans
- Royal LePage Kelowna
- 1 (250) 575-5455
- leeivans@royallepage.ca
Royal LePage Kelowna
ROB DION, BBA
(250) 575-5255
robdion@royallepage.ca
LEE IVANS, BBA
(250) 575-5455
leeivans@royallepage.ca
Office Address:
1-1890 Cooper Road
Kelowna, B.C., V1Y 8B7
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.