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. 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. 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. 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. 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:
Other
Common Interest:
Freehold
Total Living Area:
6,350 sq. ft.590 m2
Transaction Type:
For sale
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$8,174.46 /
-
Community:
Kelowna South
Amenities:
Public Transit, Park, Recreation, Schools, Shopping
Exterior Features:
Stucco
Community Features:
Family Oriented
Security Features:
Security system, Smoke Detector Only
Structure Type:
Other
Age:
28 years
Half Bathrooms:
0
Roof:
Asphalt shingle, Unknown
Cooling:
Central air conditioning
Exterior Finish:
Stucco
Fireplace:
No
Fire Protection:
Security system, Smoke Detector Only
Heating:
Forced air, See remarks
Roof Style:
Asphalt shingle, Unknown
Water:
Municipal water
Sewer:
Municipal sewage system
Land Amenities:
Public Transit, Park, Recreation, Schools, Shopping
Data was last updated December 26, 2024 at 03:45 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,750,000
Min list price:
$949,000
Max list price:
$8,599,000
Avg days on market:
279
Min days on market:
37
Max days on market:
322
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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