Unbeatable value, immediate cash flow potential, and exceptional upside await in this versatile property situated on a massive .21-acre lot. Perfect for first-time home buyers looking for a mortgage helper or savvy investors seeking an asset with development potential, this home features an attractive price point and a prime location close to schools and transit. The main level offers comfortable living, complemented by a recent refresh featuring brand-new flooring, light fixtures, and fresh paint throughout the separate 1-bedroom in-law suite, ideal for generating strong rental revenue. Outside, the sprawling flat yard provides plenty of room for outdoor living and ample space to store all of your toys! Backed by MF1 zoning for future development opportunities, properties with this much flexibility and land are a rare find at such an affordable pricepoint. Book your showing today! (id:4069)
Address
400 Monterey Road
List Price
$719,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
3
Bathrooms
2
Floor Area
1,959 Sq. Ft.
Lot Size
0.21 Sq. Ft.
Year Built
1974
MLS® Number
10404026
Listing Brokerage
Oakwyn Realty Okanagan
Basement Area
Full
Postal Code
V1X1A2
Ownership
Freehold
Heat Type
Forced air, See remarks
Cooling Features
Wall unit
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Septic tank
