V1Y1R4 Homes with Rentals Allowed Community Features

Welcome to the vibrant and picturesque neighborhood of Kelowna, British Columbia, where the zip code V1Y1R4 invites you to explore a dynamic community filled with endless opportunities. Nestled in the heart of the Okanagan Valley, this area is renowned for its stunning lakes, rolling vineyards, and a mild climate that beckons outdoor enthusiasts year-round.

In V1Y1R4, you’ll find a diverse range of homes, many of which allow rentals, making it an excellent choice for investors or those looking to supplement their income. Whether you’re seeking a cozy condo, a charming single-family home, or a modern townhouse, the housing options here cater to various lifestyles and budgets. The community embraces a welcoming spirit, where neighbors become friends and the sense of belonging is palpable.

One of the standout features of this area is its exceptional community amenities. Residents can enjoy easy access to beautiful parks, scenic walking trails, and the stunning shores of Okanagan Lake. The vibrant downtown area is just a stone's throw away, offering an array of shops, restaurants, and cultural attractions that showcase the best of Kelowna’s local charm.

For families, the neighborhood boasts excellent schools and recreational facilities, ensuring that children have access to quality education and play. With rental properties allowed, this area is not only a fantastic place to call home but also a smart investment for those looking to tap into the thriving rental market.

Discover the allure of V1Y1R4 in Kelowna, where lifestyle meets opportunity in one of Canada’s most sought-after destinations. Whether you’re looking to settle down or invest, this community has something for everyone!

Newest V1Y1R4 Homes with Rentals Allowed Community Features

$4,750,000

10386324 MLS® #

Prime central Kelowna multifamily investment opportunity, desirable location on the fringe of downtown within easy walking distance of Lake Okanagan beaches, downtown services, restaurants, shopping, transit, professional offices, parks, and the cultural district. This well-maintained 1965-vintage, three-storey walk-up apartment building offers 21 total suites, comprising 15 - 1 bdrm units, 5 - 2 bdrm units, and a single studio suite, providing a balanced and highly rentable suite mix in one of Kelowna's most desirable urban locations. The property is fully occupied and offers investors stable income with the added strength of a proven central rental location where tenant demand remains consistently strong. The building has benefited from numerous updates and ongoing maintenance over time, including upgraded natural gas boilers and renovated apartment suites, while retaining the durable fundamentals investors seek in a walkable, centrally located rental asset. Tenant amenities include main-floor laundry room, secure bike storage, and rear surface parking stalls accessible from the lane, adding practical convenience for residents in a location where walkability and lifestyle are key demand drivers. With its established income profile, central Pandosy Street address, proximity to downtown Kelowna and Lake Okanagan, plus attractive suite mix, this is a compelling opportunity for investors seeking a stable multifamily holding with long-term rental appeal in the Central Okanagan. (id:5764)

1880 Pandosy Street, Kelowna

Listing courtesy of NAI Commercial Okanagan Ltd..

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