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Exceptional Property

607 Glenwood Avenue, Kelowna

$2,300,000
3 Bedrooms
2 Bathrooms
1710 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1905

Square Footage

1710 square feet

Bedrooms

3

Bathrooms

2

Distinguished Features

Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

Attention Developers! This conveniently located MF4 lot is within the Kelowna General Hospital transit oriented area. Featuring a large .29 acre lot, is zoned MF4 allowing mid rise apartments up to 6 stories with a FAR of 2.5 and is in a parking exempt zone, allowing flexibility for the developer to decide on parking. Lot is approx. 12,632 SQFT on...

MLS Number

10333984

Listed By

Century 21 Assurance Realty Ltd

Last Updated

Apr 24, 2025, 3:40 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
House
Year Built
1905
Square Footage
1710
Zoning
See Remarks

Climate Control & Utilities

Heating System
Baseboard heaters, Hot Water
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
20
New
MLS# 10333984
List Date
Jan 31, 2025, 9:28 p.m.
List Price
$2,300,000
Property Type
Sale
Bedrooms
3
Bathrooms
2

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$1,216
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$197,776
Total Payments
$437,776
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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