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:47423)
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Listed By
Sage Executive Group Real Estate - Letnick Estates
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Detailed Information
Lot
85 x 0 ft
Total Area
6,350 ft2
Amenities Nearby
Public Transit, Park, Recreation, Schools, Shopping
Community Features
Family Oriented
Features
Level lot, Private setting, Wheelchair access
Listing Contract Date
2024-04-18
Municipal ID
010-001-719
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Other
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1996
Cooling Type
Central air conditioning
Exterior Finish
Stucco
Fire Protection
Security system, Smoke Detector Only
Heating Type
Forced air, See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Attached Garage
2
Land
Total Size
0.2 acres
Access Type
Easy access
Amenities
Public Transit, Park, Recreation, Schools, Shopping
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
0.2
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