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Exceptional Property

987 Garland Street, Kelowna

$924,900

4 Bedrooms

2 Bathrooms

1496 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

House

Year Built

1932

Square Footage

1496 square feet

Bedrooms

Bathrooms

Distinguished Features

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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

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Prime Development Opportunity – MF1 Zoning on a 99.5’ x 93.5’ Lot in Glenmore Rare offering in one of Kelowna’s most desirable neighbourhoods. This 99.5 ft x 93.5 ft lot is zoned MF1 (Infill Housing), allowing for up to 6 units and 3 storeys, making it ideal for small-scale multi-family development or land assembly. Situated on a quiet cul-de-sac, ...

MLS Number

10353109

Listed By

RE/MAX Kelowna

Last Updated

Jun 26, 2025, 2:05 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

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Single Family

Architectural Style

House

Year Built

1932

Square Footage

1496

Zoning

Unknown

Climate Control & Utilities

Heating System

Baseboard heaters, Forced air

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 10353109

List Date

Jun 25, 2025, 9:19 p.m.

List Price

$924,900

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

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

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

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.

Analysis Period:

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.