$2,290,000
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:42341)
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Property Details
MLS® Number 10310429 Property Type Other Neigbourhood Kelowna South Community Name Rose Cottage AmenitiesNearBy Public Transit, Park, Recreation, Schools, Shopping CommunityFeatures Family Oriented Features Level Lot, Private Setting, Wheelchair Access ParkingSpaceTotal 10 -
Building
ConstructedDate 1996 CoolingType Central Air Conditioning ExteriorFinish Stucco FireProtection Security System, Smoke Detector Only HeatingType Forced Air, See Remarks RoofMaterial Asphalt Shingle RoofStyle Unknown SizeInterior 6350 Sqft Type Other UtilityWater Municipal Water Parking
Attached Garage 2 -
Land
AccessType Easy Access Acreage No LandAmenities Public Transit, Park, Recreation, Schools, Shopping LandscapeFeatures Level Sewer Municipal Sewage System SizeFrontage 85 Ft SizeIrregular 0.2 SizeTotal 0.2 Ac|under 1 Acre SizeTotalText 0.2 Ac|under 1 Acre ZoningType Unknown
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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April 18 2024 07:28:25
Okanagan-Mainline Real Estate Board
Oakwyn Realty Okanagan-Letnick Estates
