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850 Hollywood Road N
Kelowna British Columbia V1X5Y7 Canada

$1,249,000

Active Listing ID 10381211
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9 bed
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3,581 square feet
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5.00 Bath
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Single Family

$1,249,000

Active Listing ID 10381211
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850 Hollywood Road N Rare 7.6% CAP Rate – Turn-Key Multi-Unit Powerhouse! Stop searching for the ""perfect"" investment—it just arrived. This massive multi-generational estate offers a rare combination of high-yield cash flow and premium 2023 renovations. Currently generating a staggering $9, 200/month in rental income from students and professionals, this property is a great cash flow investment. The Layout: Main Residence: Spacious 9 Bedrooms / 5 Bathrooms, 4 kitchen home. Dual Suites: Two fully self-contained 2-Bedroom suites. Bonus Potential: A dedicated bachelor suite (plumbed/ready for easy bathroom install). The $250, 000 Edge: Forget the typical ""run-down"" rental. This home was extensively updated in 2023. We’re talking a brand-new roof, modern bathrooms, fresh upstairs flooring, and professional landscaping. Prime Location: Situated in a quiet, safe Rutland North pocket right behind Pearson Elementary. It’s perfectly positioned on a major bus route to UBCO, ensuring your vacancy rate stays near zero. Whether you’re looking for a blue-chip addition to your portfolio or a multi-generational family home that pays for itself, this is it. PS: Windows and Furnace are original but in good working order. Measurements are from iGuide, if important, please re-measure. FURNITURE NEGOTIABLE (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Floor Covering: Laminate, Carpeted, Wood
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: See remarks
  • Additional Features
  • Basement
  • Fireplace
  • Waterfront
Listing Changed: 4/1/2026 1:55:25 AM GMT
Source Updated Date: 4/1/2026 6:22:46 PM GMT

Courtesy of: Sam Belete, , Royal LePage Kelowna