10 Bedrooms

3 Bathrooms

4,050 sqft

$1,488,900

Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. The potential for a solid return on investment as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. 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 or 4-story development flexibility. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10366465
  Property Type	Single Family
  Neigbourhood	Kelowna North
  AmenitiesNearBy	Golf Nearby, Airport
  Features	Level Lot
  ParkingSpaceTotal	6
  ViewType	City View

• Building

  Bathroom Total	3
  Bedrooms Total	10
  Appliances	Refrigerator, Range - Electric
  Basement Type	Full
  Constructed Date	1950
  Construction Style Attachment	Detached
  Cooling Type	Central Air Conditioning
  Exterior Finish	Stucco
  Flooring Type	Laminate, Tile
  Half Bath Total	1
  Heating Type	Forced Air, See Remarks
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	3
  Size Interior	4,050 Sqft
  Type	House
  Utility Water	Municipal Water

  Parking

  Detached Garage

  2

• Land

  Access Type	Easy Access
  Acreage	No
  Land Amenities	Golf Nearby, Airport
  Landscape Features	Landscaped, Level
  Sewer	Municipal Sewage System
  Size Frontage	50 Ft
  Size Irregular	0.16
  Size Total	0.16 Ac|under 1 Acre
  Size Total Text	0.16 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	Bedroom			15'1'' x 12'5''
  Second Level	3pc Bathroom			8'4'' x 9'11''
  Second Level	Bedroom			6'3'' x 12'1''
  Second Level	Bedroom			12'4'' x 13'11''
  Second Level	Full Bathroom			Measurements not available
  Second Level	Bedroom			8'10'' x 7'6''
  Basement	Bedroom			10'11'' x 11'0''
  Basement	Bedroom			10'2'' x 14'2''
  Basement	Family Room			12'6'' x 10'6''
  Basement	Bedroom			11'8'' x 8'6''
  Basement	Laundry Room			8'3'' x 11'5''
  Main Level	Living Room			15'6'' x 15'3''
  Main Level	Primary Bedroom			16'2'' x 11'4''
  Main Level	Den			11'1'' x 12'3''
  Main Level	Bedroom			9'8'' x 11'8''
  Main Level	Dining Room			11'5'' x 12'6''
  Main Level	Bedroom			10'7'' x 11'6''
  Main Level	4pc Bathroom			11'7'' x 10'1''
  Main Level	Kitchen			18'10'' x 9'8''