859 Richter Street

Kelowna, British Columbia

$898,000

2354 sqft SQ FT

5 BED

3 BATH

Property Description

This home in Kelowna's North End - walking distance to Knox Mountain park, downtown amenities, and Okanagan Lake. 859 Richter Street pairs a comfortable family home with a legal suite already generating income. The main floor has three bedrooms and two bathrooms, including a primary suite with its own 3-piece ensuite. Vaulted ceilings and a large arched window pour natural light into the living room, which flows easily into the dining area and kitchen. Step outside to a private sun deck, sized for a full patio set and built for morning coffee or summer barbecues with mountain views in every direction. Downstairs, the self-contained 2-bedroom suite has its own kitchen, laundry, and private entrance, currently rented at $1,800 plus utilities on a lease through August 2026. The upper unit is rented for $2,000 plus utilities month to month. With laneway access and a location that's hard to beat, 859 Richter Street works just as well as a long-term hold or a mortgage helper today, and its MF1 zoning, which allows for future multi-unit infill like 4 plexes or other small multiplexes, leaves the door open for redevelopment down the road. (id:6770)