122 Wallace Road, Kelowna, BC, V1X 4T1

MLS® # 10308978

House For Sale In Rutland, Kelowna, British Columbia

$1,578,900 QuickQuote^TM: Not Available

3 Beds

2 Baths

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122 Wallace Road, Kelowna, BC - Outdoor With View

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122 Wallace Road, Kelowna, BC, V1X 4T1

$1,578,900

3 Beds

2 Baths

Property Information:

TRUE INVESTMENT OPPORTUNITY! Massive 18,300sqft subdividable lot with the application to subdivide already in place with the city of Kelowna! Potential to build TWO fourplexs on this property, one on each lot. With city of Kelowna zoning changes coming into affect soon this is a very smart investment for immediate redevlopment or as a holding property to develop in the future. The house is currently being rented for $2,700 per month plus utilities on month to month basis. There is a large 24ft X 24ft detached shop with 200 amp power supply which was previously rented out as well so this property could generate you over $3100 per month in passive income. Prime location with maximum exposure as this lot is right on the corner of Rutland Road and Wallace. Extremely close to all amenities, shops, schools and public transit.

Property Features:

Bedrooms: 3
Bathrooms: 2
Annual Tax Amount: $3,181
Built in: 1940
Community Features: Near Schools, Park, Recreation Area, Airport/Runway, Shopping
Construction Materials: Stucco, Vinyl Siding, Wood Frame
Cooling: Wall Unit(s)
Floor Space (approx): 1601 Square Feet
Flooring: Carpet, Laminate, Tile
Heating: Forced Air, Natural Gas
Lot Size: 0.42 Acres
Parking Features: Additional Parking, Detached, Garage
Roof: Asphalt, Shingle
Water Source: Public
Waterfront Features: None
Sewer: Public Sewer
No. of Parking Spaces: 6

Rooms:

Kitchen Main Level 3.66 m x 4.70 m
Laundry Main Level 3.73 m x 1.62 m
Bathroom Main Level 2.95 m x 1.50 m
Primary Bedroom Main Level 3.35 m x 4.57 m
Den 2nd Level 2.90 m x 2.80 m
Bedroom 2nd Level 3.53 m x 2.97 m
Bathroom Main Level .00 m x .00 m
Bedroom 2nd Level 2.49 m x 1.52 m
Living Main Level 4.01 m x 4.88 m

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Notes:

Kaila Klassen

Real Estate Agent Royal LePage Kelowna *

Office:250.860.1100

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Location of 122 Wallace Road, Kelowna, BC, V1X 4T1

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Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

27 hot days expected in 2050

Projected Storm Risk: Significant

12 storms expected in 2050

Projected Heat Risk: High

27 hot days expected in 2050

49/100

High

ClimateCheck®

Current data

This property, 122 Wallace Road , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past

33.1℃

2050

36.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

12 storms expected in 2050

20/100

Significant

ClimateCheck®

Current data

This property, 122 Wallace Road , experiences 11 significant 2-day storms per year, with about 144.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 157.9mm of precipitation per year.

Precipitation Per Storm

Past

144.1mm

2050

157.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 122 Wallace Road, Kelowna, BC, V1X 4T1

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,525.11

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.89 %

High school certificate or equivalent

39.91 %

Apprenticeship trade certificate/diploma

8.3 %

College/non-university certificate

23.99 %

University certificate (below bachelor)

0.07 %

University Degree

12.83 %

Commuter

Travel To Work

By Car

84.48 %

By Public Transit

7.97 %

By Walking

3.25 %

By Bicycle

1.83 %

By Other Methods

2.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.94 %

Houses

89.06 %

Own Vs. Rent

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122 Wallace Road, Kelowna, BC, V1X 4T1 $1,578,900 MLS® # 10308978

Property Information:

Property Features:

Rooms:

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Market Price Trends

Location of 122 Wallace Road, Kelowna, BC, V1X 4T1

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 122 Wallace Road, Kelowna, BC, V1X 4T1

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

122 Wallace Road, Kelowna, BC, V1X 4T1

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