- Active
860 Glenwood Avenue
Kelowna · Single Family
- Beds
- 6
- Baths
Kelowna · Single Family
Listed by Royal LePage Kelowna · MLS® 10404810
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Sign in**Rare Stratified 3-plex investment opportunity in a prime central Kelowna location.** This well-maintained, income-producing property offers 6 bedrooms and 4 full bathrooms across three self-contained units—an excellent addition to any portfolio. Located just blocks from Kelowna General Hospital, Okanagan Lake, the future downtown UBCO campus and less than one block to the Ethel Street bike corridor, this area consistently attracts strong tenant demand. Each unit features a functional two-storey layout with a living room, kitchen, dining area, and 2-piece bathroom on the main floor, finished with durable polished concrete flooring. Upstairs offers two bedrooms per unit. The 860 is especially desirable, featuring two primary bedrooms, each with its own 4-piece ensuite and access to a sunny south-facing deck. 862 and 864 each include two bedrooms and one full bathroom, with 864 mirroring 862. All appliances are under five years old, and each unit includes a storage shed. All three units are currently rented, providing immediate income. Month-to-month tenancies offer flexibility for future rent adjustments or repositioning. This is a rare opportunity to secure a legal multi-family property in one of Kelowna’s most sought-after rental corridors. This property would be amazing for short-term rentals, check with city's current short term rental policies.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Estimates only. They leave out utilities, upkeep and closing costs.
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 50%
Active listings within 3 km of this home.
Source: Statistics Canada, 2021 Census of Population. 260 dwellings.
Statistics Canada area 59350054 · Kelowna
Source: Statistics Canada, 2021 Census Profile, dissemination area 59350054.
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Borrowing costs
The rates behind any payment estimate on this page.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-10-29
Property tax
Municipal, regional, hospital and school rates combined.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Climate
Ten year average, 2016–2025.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
Provincial designations and mapped natural hazards at this location.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)