Property Description
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:6770)
Overview
Price
$
1,790,000
MLS #
10360138
Age
1996
Size
6350 sqft
Lot Size
0.2
acres
Exterior
Stucco
Cooling
Central air conditioning
Water
Municipal water
Sewer
Municipal sewage system
Property Type
Other
Roof
Unknown
Zoning Type
Unknown
Local Amenities
Public Transit, Park, Recreation, Schools, Shopping
Listing Office
Oakwyn Realty Okanagan-Letnick Estates
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