Arun Rahul Group

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1175-1179 Raymer Avenue, Kelowna
1175-1179 Raymer Avenue, Kelowna
1175-1179 Raymer Avenue, Kelowna
1175-1179 Raymer Avenue, Kelowna
1175-1179 Raymer Avenue, Kelowna
+5 more

1175-1179 Raymer Avenue, Kelowna, British Columbia

$1,749,000
8
Beds
3.0
Baths
4,220
Square feet
0.2200
Acres

About 1175-1179 Raymer Avenue

4 SUITES • $7,087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1,100 sq. ft. each, while the lower suites are approximately 1,000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7,087/month, with 1179A at $1,800, 1179B at $2,100, 1175A at $1,367 and 1175B at $1,820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:66920)

Key Features

  • Level lot
  • Private setting
  • Family Oriented
  • Street
  • Baseboard heaters
  • Forced air
  • Electric
  • See remarks
  • Carpeted
  • Vinyl
  • Fourplex
Shubham Nayyar
Shubham Nayyar
Real Estate Associate & Mortgage Broker, Partner & Director of Business Operations
Cell: +1 403-431-9005 VIEW REALTOR® PROFILE

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Estimated monthly payment
$8,180
/month · principal + interest

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Listing courtesy of Association of Interior REALTORS®.
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. Data is deemed reliable but is not guaranteed accurate by CREA.
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