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Legal suite

$1,549,800

1150 Kelview Street

Save this home

Beds

5

Baths

6 full + 2 half

Sqft

Year

1950

Type

Single Family

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Unicorns do exist! For the hobbyist, tradesperson, or serious enthusiast, located on a HUGE 0.69ac lot with a detached heated 27x25 SHOP that features 12-ft ceilings, 220V, hot water and a half bath. Just minutes from downtown Kelowna and walking distance to coffee & breweries, this is the shop lifestyle without sacrificing urban convenience. The 3,673 sqft renovated home delivers on every front: shop, SUITE, mountain views, and space for the whole family. The main level features hardwood floors, a gas fireplace with mountain and city views, and a chef’s kitchen with gas range, double oven and farmhouse sink. Three bedrooms on the main include a primary suite with deck access and a spa ensuite with heated tile floors and quartz counters. Upstairs, a private loft and bedroom with ensuite is perfect for guests, teens, or roommates, while the lower level adds a rec room, den, laundry with storage, powder room and oversized double garage. The fully self-contained above-ground legal suite offers no stairs, private laundry, a full kitchen, king bedroom and raised patio, ideal for parents or rental income. Out back, a covered deck, hot tub, apricot tree, irrigation, tree swing and new fencing create a true backyard retreat. The home runs on 7-zone in-floor hot water heat, high efficiency furnace, AC, tankless water heater and built-in vac, with newer windows throughout. Turnkey, multi-generational, and investment-ready for future development. This one genuinely has it all. (id:65958)

Subtype
Single Family
Structure
House
Community
Glenmore
Common interest
Freehold
Living area
3,718 square feet
Lot size
0.69 acres
Lot dimensions
0.69
Parking
2 total
Stories
3
On market
Apr 15, 2026
Status changed
Apr 27, 2026
Annual tax
$6,829.49
Photos
97
MLS#
10383560
Area
KELOWNA

Features and systems

Parking

Attached GarageDetached GarageOversizeSee RemarksAdditional Parking

Basement

Full

Appliances

WasherRefrigeratorRange - GasDishwasherDryer

Heating

Baseboard heatersForced airElectricSee remarksOther

Cooling

Central air conditioningWall unit

Exterior

Vinyl siding

Flooring

HardwoodCarpetedCeramic TileLinoleum

Roof

Asphalt shingleUnknown

Lot

Level lotPrivate setting

Community

Family Oriented

View

City viewMountain viewValley viewView (panoramic)

Security

Security system
Negative cash flow ~$175/mo at these assumptions

Cash on cash

-0.68%

Cap rate

4.73%

GRM

13.9

Break-even rent

$9,484

Financing

Down payment$309,960
Loan amount$1,239,840
Mortgage$6,282/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$710
Insurance$80
Maintenance$1,292
CapEx reserve$646
Vacancy loss$465

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,282/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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