$1,348,800

730 Bernard Avenue, Kelowna

Kelowna North, Kelowna, BC V1Y6P5

4,000 sq ft · Single-family home

Listed by Engel & Volkers Okanagan

About this property

Fantastic Downtown Investment: Prime P2 Zoned Property, income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel. 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 unparalleled development flexibility. Currently, a 4-story apartment complex is easy to build. GST is applicable. (id:67417)

Property details

Price

$1,348,800

MLS® number

10364717

Property type

Single-family home · Residential Commercial Mix · Other

Living area

4,000 sq ft

Lot size

0.16 acres · 0.16

Frontage

50 feet

Year built

1950

Parking spaces

8

Community

Kelowna North, Kelowna

Features

Heating

Forced air, See remarks

Cooling

Window air conditioner

Parking

Detached Garage

Roof

Asphalt shingle, Unknown

Exterior

Stucco

Lot

Level lot

Water

Municipal water

Sewer

Municipal sewage system

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