Property description for 860 Glenwood Avenue, Kelowna, BC V1Y 5M5

**Rare legal 3-plex investment opportunity in a prime central Kelowna location.** This well-maintained, income-producing property offers 6 bedrooms and 4 full bathrooms across three self-contained units—an excellent addition to any portfolio. Located just blocks from Kelowna General Hospital, Okanagan Lake, the future downtown UBCO campus and less than one block to the Ethel Street bike corridor, this area consistently attracts strong tenant demand. Each unit features a functional two-storey layout with a living room, kitchen, dining area, and 2-piece bathroom on the main floor, finished with durable polished concrete flooring. Upstairs offers two bedrooms per unit. The front unit is especially desirable, featuring two primary bedrooms, each with its own 4-piece ensuite and access to a sunny south-facing deck. Units 2 and 3 each include two bedrooms and one full bathroom, with Unit 3 mirroring Unit 2. All appliances are under five years old, and each unit includes a storage shed. All three units are currently rented, providing immediate income. Month-to-month tenancies offer flexibility for future rent adjustments or repositioning. This is a rare opportunity to secure a legal multi-family property in one of Kelowna’s most sought-after rental corridors. This property would be amazing for short-term rentals, if the city changes its current short term rental policies. (id:38686)

QUICK OVERVIEW

Built in 2006
$501 / Sq Ft
4 parking spaces
Wall unit
Baseboard heaters
5 Days on website
0.14 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Brian Main

Listing Office Royal Lepage Kelowna, 250-860-1100

Updated Tuesday, July 21, 2026 at 3:35:06 PM

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NEIGHBOURHOOD

About the Central City Neighbourhood

Central City constitue un bon choix pour les acheteurs, indépendamment de leurs préférences en termes de genre de quartier Dans l'ensemble, le secteur est plutôt silencieux, étant donné qu'il y a peu de bruit lié à la circulation automobile. En revanche, le secteur compte environ 70 espaces verts, comme Knox Mountain Park et Abbott Street Conservation Area, et ceux-ci sont très bien situés dans cette partie de la ville, ce qui en rend habituellement l'accès très facile. Enfin, même si le secteur n'est pas connu pour son ambiance animée, on peut tout de même trouver quelques rues plus vivantes, et avec ses quelques 20 lieux dédiés au nightlife, il est commode de trouver un endroit où prendre un verre étant donné que ceux-ci sont généralement à distance de marche. Ceux qui aiment sortir le soir ne s'ennuieront pas sur Bernard Avenue.

Learn more about Central City

Daycares

Au moins une garderie à quelques pas à pied

Elementary Schools

Au moins une école primaire à moins de 5 minutes à pied

Quiet

Très peu de sources de bruit à proximité

High Schools

Au moins une école secondaire à moins de 15 minutes à pied

Groceries

Grande variété d'épiceries à quelques minutes en voiture, dont certaines à distance de marche

CLIMATE RISK FOR V1Y 5M5

Mortgage Payments for 860 Glenwood Avenue, Kelowna, BC V1Y 5M5

$7,262

Monthly

Estimated Payment

$1,574,900

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Virtual Tour

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Virtual Tour

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860 GLENWOOD AVENUE, KELOWNA, BC V1Y 5M5