$1,500,000

ID# 10349639

331-351 Phipps Crescent
Kelowna, British Columbia V1V2T2

Rare opportunity to own a FULL 2-storey duplex in a quiet, family-friendly pocket of Rutland, built in 1994 and offering excellent rental income with no strata fees. Each side features 3 bedrooms and 2.5 bathrooms across 1534 sq. ft. (total of 3,068 sq. ft. of living space), including spacious main floors with kitchens, living rooms, powder rooms, laundry, and primary bedrooms with ensuite. Upstairs you’ll find two large bedrooms and a full bathroom with skylight. Each unit has its own private yard space, separate entry, driveway parking and secured garage space—room for multiple vehicles and even a workshop. Located just a ten-minute bike ride from Ben Lee Park and within walking distance to Rutland Elementary, Rutland Middle School, Rutland Senior Secondary, the Rutland Activity Centre, YMCA, Rutland Arena and local dog park. Steps from public transit, minutes to shopping, and only 15 minutes to UBCO and Kelowna International Airport, 10 minutes to the lake and waterfront parks, and 45 minutes to Big White. Excellent long-term tenants in place paying $3200/month plus utilities per side, both on month-to-month leases—ideal for investors or an owner-occupier looking to move into one side with proper notice under the RTA. Potential for future stratification (buyer to verify with city). A solid investment in a vibrant and growing neighbourhood—contact your real estate agent today for full details or to book a showing. (id:3942)

Courtesy of Real Broker B.C. Ltd

Listed on: May 26, 2025

On market: 7 days

Bathroom Total	5
Bedrooms Total	6
Half Bathrooms Total	1
Year Built	1995
Cooling Type	See Remarks
Flooring Type	Carpeted, Laminate
Heating Type	Baseboard heaters
Stories Total	2

Other	Second level	10' x 10'
Full bathroom	Second level	8'0'' x 4'0''
Bedroom	Second level	11'0'' x 15'0''
Bedroom	Second level	11'0'' x 12'0''
Full bathroom	Second level	8'0'' x 4'0''
Bedroom	Second level	10'0'' x 12'0''
Bedroom	Second level	12'0'' x 13'0''
Primary Bedroom	Main level	11'0'' x 14'0''
Full bathroom	Main level	11'0'' x 14'0''
Laundry room	Main level	7'0'' x 9'0''
Living room	Main level	13'0'' x 17'0''
Kitchen	Main level	12'0'' x 15'0''
3pc Ensuite bath	Main level	5'0'' x 6'0''
Primary Bedroom	Main level	13'0'' x 12'0''
Partial bathroom	Main level	5'0'' x 6'5''
Laundry room	Main level	8'0'' x 9'0''
Living room	Main level	16'0'' x 13'0''
Kitchen	Main level	10'0'' x 12'0''

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GREG KILMARTIN

SALES REPRESENTATIVE

Office: (250) 860-1100

greg.kilmartin@yahoo.ca

Royal LePage Kelowna

#1 – 1890 Cooper Road

Kelowna, BC V1Y 8B7

Phone: (250) 860-1100

Toll Free: (800) 421-3214

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331-351 Phipps Crescent Kelowna, British Columbia V1V2T2

331-351 Phipps Crescent
Kelowna, British Columbia V1V2T2