1 / 24
Investment signal

$799,900

500 Snowsell Street N

Beds

4

Baths

2

Sqft

Year

1994

About this home

An exceptional opportunity in the heart of North Glenmore, this beautifully refined 2,200+ sq. ft. residence blends comfort, versatility, and understated luxury, ideal for discerning homeowners and savvy investors alike. Thoughtfully updated and meticulously maintained, the home offers 4 bedrooms and 2 bathrooms within a well-designed layout. The main level features two spacious bedrooms and a stylish bathroom, complemented by rich hardwood flooring and an elegant kitchen appointed with granite countertops. The lower level showcases a fully self-contained 2-bedroom, 1-bathroom in-law suite with its own private laundry, perfect for extended family or generating premium rental income. Separate laundry on each level enhances both convenience and independence. Step outside to a private, fully fenced backyard retreat backing onto tranquil agricultural land, offering rare serenity and open views. Whether entertaining or unwinding, this peaceful outdoor setting provides a true sense of escape. Recent upgrades add further value and peace of mind, including a newer roof, furnace, A/C system, and hot water tank. Perfectly positioned just minutes from top-rated schools, UBCO, shopping, and golf, this is a rare offering that seamlessly combines lifestyle, location, and long-term value. (id:65958)

Subtype
Single Family
Lot size
0.16 acres
MLS#
10383244
Area
KELOWNA
Negative cash flow ~$1,572/mo at these assumptions

Cash on cash

-11.79%

Cap rate

3.53%

GRM

16.7

Break-even rent

$5,655

Financing

Down payment$159,980
Loan amount$639,920
Mortgage$3,926/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367
Insurance$80
Maintenance$667
CapEx reserve$333
Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $3,926/mo at 5.49% with 20% down, 25-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 18, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.