4 SUITES • $7,087/MONTH RENTAL INCOME • 0.22-ACRE MF1 LOT Well-maintained and thoughtfully upgraded, this fourplex offers an excellent investment opportunity with strong rental income, spacious suites and valuable future potential. Situated on a generous 0.22-acre MF1-zoned lot with convenient dual access from both Raymer Avenue and Bouvette Street, the property combines functionality with long-term upside. The building features four spacious 2-bedroom, 1-bathroom suites, each with its own private entrance and outdoor living area surrounded by generous green space. The upper suites are approximately 1,100 sq. ft. each, while the lower suites are approximately 1,000 sq. ft. each. All suites have been well cared for and thoughtfully upgraded. Tenants enjoy designated parking, on-site storage and convenient coin laundry, adding to the property's appeal and ease of management. Current rents total an impressive $7,087/month, with 1179A at $1,800, 1179B at $2,100, 1175A at $1,367 and 1175B at $1,820. With four established rental units, a large MF1-zoned lot, dual access and strong existing income, 1175–1179 Raymer Avenue is an attractive opportunity for investors looking for reliable cash flow and future potential in a desirable location. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
4,220 sq. ft.392 m2
Taxes:
$8,571 /
-
Community:
Kelowna South
Exterior Features:
Stucco
Community Features:
Family Oriented
Structure Type:
Fourplex
Bedrooms:
8
Bathrooms:
3.0
Half Bathrooms:
0
Roof:
Tar & gravel, Unknown
Fireplace:
No
Floor finish:
Carpeted, Vinyl
Heating:
Baseboard heaters, Forced air, Electric, See remarks
Data was last updated August 20, 2026 at 11:45 PM (UTC)
Area Statistics
Listings on market:
215
Avg list price:
$645,000
Min list price:
$225,000
Max list price:
$9,890,000
Avg days on market:
91
Min days on market:
1
Max days on market:
692
Avg price per sq.ft.:
$484.96
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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