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$587,000
British Columbia,Kelowna
For Sale Active
422 Rutland Road S, Kelowna, British Columbia V1X3A1
  • 3
  • 2
  • 1,800 Sqft
Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10375489
  • Price: $587,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1,800 Sqft
  • Year Built: 1972
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 61706
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: Window air conditioner
  • Parking: Additional Parking, Street, Carport, RV, Oversize
  • Architectural Style: Split level entry
  • Sewer: Municipal sewage system
Address Map
  • Location: CA, British Columbia, Kelowna, V1X3A1
  • Street: Rutland
  • Street Number: 422
  • Street Suffix: Road
  • Longitude: W120° 36' 45.8''
  • Latitude: N49° 53' 4.3''
  • Street Dir Suffix: South
Additional Information
  • Water Source:
  • Community Features:
  • Lot Size Dimensions: 0.13
  • Stories: 2.0
Financial
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: 2973.52
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Listing updated: 2026-02-28 18:09:00
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Listing Information
  • List Agent Key: 2154222
  • List Office Key: 61706
  • Modification Timestamp: 2026-02-23T05:30:47Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-02-23T05:18:39Z
Powered by REALTOR.ca
Listing updated: 2026-02-28 18:09:01
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