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Investment signal

$1,200,000

1244 Findlay Road

Save this home

Beds

3

Baths

2 full + 1 half

Sqft

Year

1948

Type

Single Family

Suite

Suite potential

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

Contractor Yard + Future Industrial Land. Rare opportunity in Kelowna’s expanding industrial corridor. This 0.34-acre flat lot is designated Future Industrial in the City’s OCP and surrounded by established I2-zoned properties, offering strong long-term redevelopment potential. What sets this property apart is its immediate usability. The existing home is livable and well-suited for an office, dispatch centre, staff accommodation, or rental income. The yard space is ideal for contractors, trades, trucking operators, or equipment-based businesses needing room for vehicles, trailers, and materials. Investors may also explore secured outdoor storage income for RVs, boats, and equipment while holding for future appreciation. Located with convenient access to Findlay Rd, McCurdy Rd, Stremel Rd, and Highway 97, this property sits in one of Kelowna’s key employment hubs. Surrounded by nearby industrial condo projects, this corner property holds the key to potential future land assembly. Seller may consider partial vendor financing. Use it today. Hold for tomorrow. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Rutland North
Common interest
Freehold
Living area
1,128 square feet
Lot size
0.34 acres
Lot dimensions
0.34
Parking
30 total
Stories
1
On market
Apr 25, 2026
Status changed
Apr 25, 2026
Annual tax
$3,564.09
Photos
16
MLS#
10384790
Area
KELOWNA

Features and systems

Parking

Detached GarageRVSee RemarksAdditional Parking

Heating

Baseboard heaters

Lot

Level lotCorner Site

Utilities

WaterSewerNatural GasElectricityCableTelephone
Negative cash flow ~$1,294/mo at these assumptions

Cash on cash

-6.47%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,362

Financing

Down payment$240,000
Loan amount$960,000
Mortgage$4,864/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$550
Insurance$80
Maintenance$1,000
CapEx reserve$500
Vacancy loss$300

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 $4,864/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 25, 2026.

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