This cash flow rental property boasts an enviable location just steps away from the beach & Kelowna General Hospital. Featuring an impressive layout of 12 bedrooms & 14 bathrooms spread over 6,350 sq ft of living space, this property offers endless investment possibilities. Situated on a large .2-acre lot, this property is currently zoned MF1B with C-NHD future zoning, opening doors to lucrative development opportunities and ensuring value appreciation over time. Fully rented and Fully property managed, there are shared kitchen, laundry room, lobby, dining room, entertainment space, outdoor BBQ, manager's suite (with kitchen) etc. This investment guarantees an immediate stream of income, fueling your financial aspirations from day one. And let's not forget about the unbeatable location – nestled within Pandosy Village, you'll be surrounded by commercial retails, restaurants, parks, and the tranquil beach just a block away. This investment isn't just about immediate returns; it's about securing your future in one of Kelowna's most sought-after areas. With potential for various business opportunities such as boarding or lodging houses, group homes, childcare, home-based businesses, care homes, senior centers, and more, the possibilities are endless. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
6,350 sq. ft.589.934 m2
Transaction Type:
For sale
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$8,174.46 /
-
Community:
Kelowna South
Amenities:
Park, Recreation, Schools, Shopping
Exterior Features:
Stucco
Waterfront:
Other
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Age:
28 years
Bedrooms:
12
Bathrooms:
14.0
Half Bathrooms:
9
Roof:
Asphalt shingle, Unknown
Construction Style Attachment:
Detached
Cooling:
Central air conditioning
Exterior Finish:
Stucco
Fireplace:
No
Heating:
Forced air
Roof Style:
Asphalt shingle, Unknown
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Crawl space
Land Amenities:
Park, Recreation, Schools, Shopping
Road Access:
Easy access
Fence Type:
Fence
Landscape Features:
Level
Lot Frontage:
85'25.908 m
Acreage:
No
Lot Size:
8,712 sq. ft.809.371 m2
Lot Size:
0.2 ac|under 1 acre
Lot Details:
0.2
Lot Features:
Level lot, Private setting, Central island, One Balcony
Data was last updated November 2, 2024 at 11:15 AM (UTC)
Area Statistics
Listings on market:
204
Avg list price:
$3,080,000
Min list price:
$239,000
Max list price:
$5,999,000
Avg days on market:
72
Min days on market:
1
Max days on market:
507
Avg price per sq.ft.:
$1,546.67
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
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