Property Description
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:6770)
Overview
Price
$
1,790,000
MLS #
10360133
Age
1996
Size
6350 sqft
Lot Size
0.2
acres
Bedrooms
12
Bathrooms
14
Exterior
Stucco
Cooling
Central air conditioning
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Water
Municipal water
Sewer
Municipal sewage system
Property Type
Single Family
Roof
Unknown
Zoning Type
Unknown
Local Amenities
Park, Recreation, Schools, Shopping
Stories
2
Listing Office
Oakwyn Realty Okanagan-Letnick Estates
Main level
3pc Bathroom
5'0'' x 5'0''
Kitchen
11'6'' x 15'0''
Dining room
17'4'' x 13'0''
Living room
24'0'' x 18'3''
Den
7'10'' x 9'9''
Laundry room
6'5'' x 8'0''
Family room
12'3'' x 10'10''
Bedroom
13'0'' x 9'10''
5pc Ensuite bath
17'4'' x 5'6''
Bedroom
13'2'' x 10'0''
Bedroom
13'2'' x 9'10''
2pc Bathroom
5'7'' x 5'9''
Other
3'8'' x 5'9''
2pc Ensuite bath
5'8'' x 5'9''
Bedroom
13'2'' x 9'10''
2pc Ensuite bath
4'10'' x 6'6''
1pc Ensuite bath
5'2'' x 4'11''
Bedroom
12'10'' x 11'0''
Second level
3pc Bathroom
5'0'' x 5'0''
Bedroom
13'3'' x 11'0''
2pc Bathroom
5'0'' x 5'8''
2pc Bathroom
5'0'' x 5'8''
Other
34'8'' x 15'3''
Bedroom
15'6'' x 10'7''
Bedroom
14'4'' x 14'4''
5pc Bathroom
17'0'' x 6'2''
Bedroom
19'0'' x 13'3''
Bedroom
16'2'' x 11'0''
3pc Bathroom
8'0'' x 4'9''
Living room
12'7'' x 21'4''
Kitchen
11'0'' x 11'3''
Bedroom
10'10'' x 10'2''
1pc Bathroom
6'6'' x 6'6''
2pc Bathroom
4'10'' x 5'10''
2pc Ensuite bath
4'10'' x 5'10''
Primary Bedroom
23'6'' x 17'3''
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