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Legal suite

$825,000

1614 Bernard Avenue

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Beds

Baths

Sqft

—

Year

1951

Type

Single Family

Suite

Legal suite

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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

Beautiful 4-bedroom Glenmore home with a 1-bedroom legal suite in a central location near downtown Kelowna and an array of amenities. The main entry level features a bright, airy living and dining area that flows effortlessly into the updated kitchen, complete with stainless steel appliances. Step outside to a spacious patio overlooking the large, fully fenced yard. Also on the main level are two generously sized bedrooms and a tastefully updated 4-piece bathroom. Downstairs, the main home continues with a third bedroom and a rec room. A separate 1-bedroom legal suite adds flexibility and mortgage helper potential. The home has also had some big ticket updates, including a new hot water tank in 2024, a new furnace in 2025, and the roof (excluding the garage), which was redone in 2021. Don't miss this opportunity! (id:65958)

Subtype: Single Family
Structure: House
Community: Glenmore
Common interest: Freehold
Living area: 2,582 square feet
Lot size: 0.18 acres
Lot dimensions: 0.18
Parking: 2 total
Stories: 2
Fireplace: 1
On market: Apr 21, 2026
Status changed: Apr 26, 2026
Annual tax: $4,013.73
Photos: 59
MLS#: 10384287
Area: KELOWNA

Features and systems

Parking

Attached Garage

Basement

Full

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

StuccoAluminum

Flooring

HardwoodCarpetedLinoleum

Roof

Asphalt shingleUnknown

Negative cash flow ~$131/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-0.95%

Cap rate

4.67%

GRM

13.9

Break-even rent

$5,088

Financing

Down payment$165,000

Loan amount$660,000

Mortgage$3,344/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$378

Insurance$80

Maintenance$688

CapEx reserve$344

Vacancy loss$248

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 $3,344/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 26, 2026.