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Tertiary Property View
Exceptional Property

385 Felix Road, Kelowna

$1,170,000
4 Bedrooms
2 Bathrooms
2044 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1975

Square Footage

2044 square feet

Bedrooms

4

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

4 bedroom 2100 square foot family home on a large RU-4 zoned 11, 325 square foot lot (.26 acres) Separate basement entrance makes it easy to suite, attached garage with workshop. City OCP Plan supports Suburban Multiple Unit development (S-MU) and could be a part of a 4 lot Land Assembly. (id:39198)...

MLS Number

10342522

Listed By

RE/MAX Kelowna

Last Updated

Apr 24, 2025, 3:21 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
1975
Square Footage
2044
Zoning
Unknown

Climate Control & Utilities

Heating System
Forced air, See remarks
Air Conditioning
Central air conditioning

Exterior & Surroundings

Roof Material
Asphalt shingle, Unknown
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
7
New
MLS# 10342522
List Date
Apr 8, 2025, 6:18 p.m.
List Price
$1,170,000
Property Type
Sale
Bedrooms
4
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

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
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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