$799,900
1425 Highland Drive S
Beds
5
Baths
3
Sqft
—
Year
1991
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
INVESTOR ALERT! LEGAL SUITE— MF1-ZONE —LISTED BELOW TAX ASSESSED VALUE! Rare opportunity in the highly desirable Kelowna–Glenmore area. This fully rented 5-bedroom, 3-bath home offers strong income potential with a legal 2-bedroom suite and tenants already in place (main tenant sublets suite). Built in 1991, this well-kept 1,982 sq. ft. home features durable contemporary wood-look vinyl plank flooring, a functional layout with 3 bedrooms up and 2 bedrooms down, and separate entrance for the suite. Each level enjoys its own hot water tank, and while laundry is currently shared, there is a rough-in for stacking laundry off the main front entrance if desired. In addition there is a huge crawl space under the stairs for extra storage or if you wanted to add furnace ducting. Currently heated by electric baseboards. The property sits on a generous 0.18-acre fenced lot with single carports on each side, ideal for multi-tenant parking. Included are 7 appliances (2 fridges, 2 stoves, dishwasher, washer & dryer). Whether you’re expanding your rental portfolio or seeking a mortgage helper property in a central location, this one checks all the boxes—location, zoning, income, and value. (Pictures are from when vacant for Tenant Privacy). If new owner lives Upstairs, this would work as a EXCELLENT BED & BREAKFAST because of its location. The entire home will be vacant for immediate possession June 1, 2026 (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Glenmore
- Common interest
- Freehold
- Living area
- 1,982 square feet
- Lot size
- 0.18 acres
- Lot dimensions
- 0.18
- Parking
- 4 total
- Stories
- 2
- On market
- Dec 4, 2025
- Status changed
- Apr 23, 2026
- Annual tax
- $4,325.99
- Photos
- 23
- MLS#
- 10370610
- Area
- KELOWNA
Features and systems
Parking
Appliances
Heating
Exterior
Flooring
Roof
Community
Cash on cash
-0.97%
Cap rate
4.67%
GRM
13.9
Break-even rent
$4,936
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.