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Additional details

Nader Bakhoum,PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

$ 1,348,800

Est. payment | -/mo

4,000 SqFt

Save

$ 1,348,800

Est. payment | -/mo

Save

4,000 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4000

Square Footage 4,000 sqft

Price per Sqft $337

Subdivision Kelowna North

MLS® Listing ID 10364717

Year Built 1950

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Fantastic Downtown Investment: Prime P2 Zoned Property, income potential! Positioned in an A+ central location within Kelowna's flourishing business and tourism district, this strategic property. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna's core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. Currently, a 4-story apartment complex is easy to build. GST is applicable. (id:24570)

Location

Province BC

Rooms

Kitchen 0.0

Interior

Heating Forced air, See remarks

Cooling Window air conditioner

Exterior

Parking Features Yes

Garage Spaces 8.0

Garage Description 8

View Y/N No

Roof Type Unknown

Attached Garage No

Total Parking Spaces 8

Garage Yes

Private Pool No

Building

Lot Description Landscaped, Level

Sewer Municipal sewage system

Listed by Engel & Volkers Okanagan

730 Bernard Avenue Kelowna, BC V1Y6P5