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. 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. 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. 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. Don't miss out on this rare opportunity to invest in both cash flow and future development potential in Kelowna's premier neighborhood (id:51532)
Tags
Property Summary
Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
6350 sqft
Title
Freehold
Neighbourhood Name
Kelowna South
Land Size
0.2 ac|under 1 acre
Built in
1996
Parking Type
See Remarks,Attached Garage(2)
Building
Bathrooms
Total
12
Partial
9
Interior Features
Appliances Included
Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Basement Type
Crawl space
Building Features
Features
Level lot, Private setting, Central island, One Balcony
