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Investment signal

$1,299,000

520 Froelich Road

Save this home

Beds

4

Baths

4 full + 1 half

Sqft

Year

1969

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

Positioned in a rapidly evolving neighbourhood, 520 Froelick Road presents a rare opportunity to secure a property with both immediate income and significant future upside. Surrounded by ongoing redevelopment and new construction, this property is ideally situated for those looking to capitalize on Kelowna’s continued growth. The existing home offers solid rental income, making it a strong holding property while you plan your next move. Whether you’re an investor, builder, or developer, the value here lies in the land and its long-term potential. Located just minutes from key amenities, shopping, transit, and major routes, this property benefits from both convenience and strong demand fundamentals. As the surrounding area continues to transition, opportunities like this are becoming increasingly scarce. Hold, rent, or redevelop — the choice is yours. Secure your position in one of Kelowna’s up-and-coming areas today. Room measurements provided are approximate only and should be verified by the purchaser if important, and not be relied upon without independent verification. (id:65958)

Subtype
Single Family
Structure
House
Community
Rutland North
Common interest
Freehold
Living area
2,488 square feet
Lot size
0.23 acres
Lot dimensions
0.23
Parking
7 total
Stories
2
Fireplace
Yes
On market
Apr 23, 2025
Status changed
Apr 27, 2026
Annual tax
$4,364
Photos
3
MLS#
10344374
Area
KELOWNA

Features and systems

Parking

Other

Heating

See remarks

Cooling

Central air conditioning

Exterior

Stucco

Roof

Tar & gravelUnknown
Negative cash flow ~$1,390/mo at these assumptions

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,963

Financing

Down payment$259,800
Loan amount$1,039,200
Mortgage$5,265/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$595
Insurance$80
Maintenance$1,083
CapEx reserve$541
Vacancy loss$325

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 $5,265/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 27, 2026.

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