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Investment signal

$5,990,000

1685 Rutland Road N

Save this home

Beds

Baths

Sqft

Year

2004

Type

Other

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

Rare turnkey ALR agribusiness opportunity on a high-visibility Rutland corridor. This 5.5-acre property offers a unique combination of producing orchard land, two residences, and extensive fruit packing and cold-storage infrastructure. Approximately 2.5 acres are planted in Gala apples, with three additional rows of mixed apple varieties, one row of grapes, and five rows of prune plum trees. The land is level, fully irrigated, fenced, and highly usable, with a secondary side-road entrance providing excellent truck access and operational efficiency. The property includes two detached 3-bedroom, 1-bathroom homes, ideal for owner occupancy, staff housing, or rental income. A major highlight is the 17,816 sq. ft. steel-frame processing and warehouse facility with 600-amp electrical service, offices, staff areas, mezzanine storage, two loading docks with bay doors, and ample on-site parking. The facility features six cold-storage rooms, including three controlled-atmosphere (CA) rooms with capacity for approximately 1,850 apple bins and three conventional coolers with capacity for approximately 1,200 bins, for a total storage capacity of approximately 3,000 bins. A fully equipped apple grading and packing line is included, along with approximately 2,000 wood apple bins and supporting equipment. Backing onto a residential neighbourhood, this is a rare opportunity to acquire a turnkey agricultural processing and storage operation in a prime Kelowna location. (id:65958)

Subtype
Other
Structure
Residential Commercial Mix
Community
Rutland North
Common interest
Freehold
Living area
17,816 square feet
Lot size
5.52 acres
Lot dimensions
5.52
On market
Feb 9, 2026
Status changed
Apr 24, 2026
Annual tax
$3,652.21
Photos
42
MLS#
10373922
Area
KELOWNA

Features and systems

Exterior

Metal

Roof

MetalUnknown

Lot

Level lot

Community

Family OrientedHigh Traffic Area

Security

Security
Negative cash flow ~$6,141/mo at these assumptions

Cash on cash

-6.15%

Cap rate

3.63%

GRM

16.7

Break-even rent

$36,414

Financing

Down payment$1,198,000
Loan amount$4,792,000
Mortgage$24,280/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,745
Insurance$80
Maintenance$4,992
CapEx reserve$2,496
Vacancy loss$1,498

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 $24,280/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 24, 2026.

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