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$1,250,000
For Sale

722-726 Elliot Avenue, Kelowna, BC

10
beds
4
baths
4,333
sqft

722-726 Elliot Avenue, Kelowna, BC

Kelowna South - 10341581

Est.: $4,806/mo

Description

A Full Duplex offers a wonderful cash flow opportunity through 10 Bedrooms total. 722 & 726 Elliot Ave are mirrored side by side units. Each side features a main floor with a kitchen, full bathroom, 2 bedrooms, and inviting dining and living areas. The lower levels accessible via separate side entrances offer 3 bedrooms, living room, bathroom and a large storage area with laundry. Comfortable heating and cooling supplied by gas furnaces and central A/C. This property is located on a peaceful no-thru road with close proximity to Kelowna General Hospital, Downtown and Okanagan Lake. Abundant parking with double garage access from the side lane, dedicated driveway and street parking. Whether you choose to reside in one unit and lease the other or capitalize on the entire duplex as a high-yield rental property, the potential here is undeniable. In real estate, location is paramount, and when it comes to investing, cash flow reigns supreme. Seize this chance to secure both. Contingent. (id:60457)

Price History

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DateStatusPriceChange
2024-12-15
Listed
$1,250,000

-$25,000 (-2.0%)

2024-11-28
Price Change
$1,275,000

-$24,000 (-1.8%)

2024-11-01
Listed
$1,299,000
2023-08-22
Sold
$1,150,000

-$25,000 (-2.1%)

2023-08-10
Price Change
$1,175,000

-$24,000 (-2.0%)

2023-07-15
Listed
$1,199,000
2022-03-18
Sold
$985,000

-$14,000 (-1.4%)

2022-03-05
Listed
$999,000
2021-09-12
Sold
$825,000

-$24,000 (-2.8%)

2021-08-28
Listed
$849,000

Property Details

Property TypeDuplex
Asking Price$1,250,000
Maintenance Fee-
Listing DateApr 8, 2025
Days on Market67 days
Size of House4,333 sqft
Lot Size8,712 sqft
Price per House SqFt$288
Maint. Fee per SqFt-
Age of House58 years (1967)
Property Taxes$5,151 (undefined)
Ownership InterestFreehold
PID010-858-512
Seller's AgenteXp Realty

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Rules
Roof
Flooring
Exterior Finish
Foundation
Outdoor Features
Parking
Fireplaces
Heating
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$1,250,000
Listing DateApr 8, 2025
Days on Market67 Days
MLS® Number10341581
Primary BrokereXp Realty

Features & Amenities

✓ Level lot✓ Family Oriented
✓ Central air conditioning

Room Information

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RoomLevelDimensions

Assessment History

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YearTotalLandImprovementsTax

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ESTIMATED PAYMENTS

$4,806

20.0% | $250,000
30 Years
4.09%
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Nearby Schools

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Market Overview

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Active Properties

All ActiveThis Property
All1,250
Median Asking Price$875,000
Median Price per SqFt$650
Median Days on Market28

Sold Properties

Dec 2024Nov 2024Dec 2023
All
(% change from Dec 2023)
127.0%
(↑5.2%)
139
121
Median Selling Price
(% change from Dec 2023)
$1,375,000
(↑8.1%)
$1,368,000
$1,272,000
Median Price per SqFt
(% change from Dec 2023)
$902
(↑7.8%)
$895
$837
Median Days on Market
38
35
31
Median Discount Off Ask
2.8%
2.6%
2.2%
New Listings
365
380
398
Months of Inventory
24.8
21.7
18.5
SELLER'S
5.0BALANCED8⅓
BUYER'S

Number of Sales

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