$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
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
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