$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:50889)
Property Details
MLS® Number
10310429
Neigbourhood
Kelowna South
Community Name
Rose Cottage
Amenities Near By
Public Transit, Park, Recreation, Schools, Shopping
Community Features
Family Oriented
Features
Level Lot, Private Setting, Wheelchair Access
Parking Space Total
10
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
Size Interior
6350 Sqft
Type
Other
Utility Water
Municipal Water
Land
Access Type
Easy Access
Acreage
No
Land Amenities
Public Transit, Park, Recreation, Schools, Shopping
Landscape Features
Level
Sewer
Municipal Sewage System
Size Frontage
85 Ft
Size Irregular
0.2
Size Total
0.2 Ac|under 1 Acre
Size Total Text
0.2 Ac|under 1 Acre
Zoning Type
Unknown