730 Bernard Avenue Active

Kelowna,BC V1Y6P5

$ 1488900

10 Beds

3 Baths

4050 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,050 sqft

Price per Sqft $367

Subdivision Kelowna North

MLS Listing ID 10366465

Bedrooms 10

Half Baths 1

Year Built 1950

Lot Size 6,969 Sqft

Property Sub-Type Freehold

Property Description

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. It delivers an immediate return 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 unparalleled development flexibility. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 1.0

Interior

Heating Forced air,See remarks

Cooling Central air conditioning

Flooring Laminate,Tile

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

View Y/N Yes

View City view

Roof Type Unknown

Building

Lot Description Landscaped,Level

Story 3

Sewer Municipal sewage system

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