Dallas Markovina Personal Real Estate Corporation - 250-870-6145

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Single Family in Kelowna

$587,000.00
422 Rutland Road South - MLS® #: 10375489
  • (151)
  • 144
  • 107
  • 3 Bedrooms
  • 2 Bathrooms
  • 1800 Sq Ft
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Dallas Markovina Personal Real Estate Corporation
Contact Agent
250-870-6145

Property Type

Single Family

Description

Excellent opportunity for first-time buyers and investors alike! This move-in ready 3 bedroom, 2 full bathroom half duplex offers flexibility, updates, & income potential in a convenient central location close to transit, schools, and shopping. The upper level has been newly renovated with fresh paint, new flooring, & upgraded Starline windows creating a bright, modern living space. Major upgrades have already been completed including a newer roof, furnace, gas hot water tank, appliances, & updated shower allowing for low maintenance ownership & peace of mind. The lower level features a self-contained 1 bedroom suite with separate laundry, ideal as a mortgage helper or for extended family living. It was a two bedroom & with the replacement of one wall it could easily be converted back. Outside, enjoy a large fenced backyard, two storage sheds, & abundant parking for multiple vehicles or recreational toys. Whether you’re entering the market or expanding your investment portfolio, we believe this price offers great value when compared to similar units sold & considering the revenue this home can bring as a rental. The main level fetches $2100 a month, the lower level could currently bring in around $1400 as is, or possibly up to $2100.00 if improved. We are looking at approximately $3,500.00–$4,200.00 per month of rental revenue. At a borrowing cost of approximately $500 a month per $100,000.00 borrowed, this home should be cash flow positive at the listed price. (id:6769)

Property Details

Subarea
Rutland South

Lot
0.13

Year Built
1972

Sewer
Municipal sewage system

Parking Type
5

Rooms Dimension

RoomFloorDimension
FoyerMain level5'11'' x 9'6''
FoyerMain level6'4'' x 8'0''
Dining roomMain level10'4'' x 9'4''
BedroomMain level13'1'' x 9'11''
Primary BedroomMain level13'1'' x 10'10''
Full bathroomMain level6'11'' x 6'6''
Living roomMain level18'2'' x 11'6''
KitchenMain level8'6'' x 9'4''
OtherAdditional Accommodation5'0'' x 7'9''
OtherAdditional Accommodation5' x 5'6''
Full bathroomAdditional Accommodation6'10'' x 6'0''
BedroomAdditional Accommodation12'7'' x 9'0''
Living roomAdditional Accommodation20'7'' x 18'4''
Dining roomAdditional Accommodation10'0'' x 8'6''
KitchenAdditional Accommodation3'0'' x 10'10''

Listing Agent

Jason Puetz
(250) 258-0406

Brokerage

Century 21 Assurance Realty Ltd
(250) 869-0101

Disclaimer:

The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Listing data last updated date: 2026-02-26 07:10:25




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