1947/1949 Burtch Road, Kelowna

MLS® 10311258

Unlock the potential of this versatile property in Kelowna, designed to support both immediate rental opportunities and extensive development. Zoned UC2 within the 2040 OCP's Capri Core neighbourhood, this site is approved for up to 12-storey developments, offering a remarkable chance for growth. First-time buyers will find this property especially attractive due to its dual-suite configuration—featuring a legal 3-bedroom suite upstairs and a 2-bedroom suite downstairs—providing a valuable mortgage helper. This setup not only helps in managing mortgage payments but also in building equity while planning future developments. The property promises reliable income generation, making it an excellent buy-and-hold opportunity. Buyers should verify with the city to ensure the property suits their specific needs. (id:36863)

Property Details

Full Address:
1947/1949 Burtch Road, Kelowna, British Columbia
Price:
$ 900,000
MLS Number:
10311258
List Date:
April 26th, 2024
Lot Size:
0.16 ac
Year Built:
1940
Taxes:
$ 3,991

Interior Features

Bedrooms:
5
Bathrooms:
3
Heating:
Forced air

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 3,991

Floors

Finished Area:
2225 sq.ft.

Land

Lot Size:
0.16 ac
Water Frontage Type:
Waterfront on creek

Neighbourhood Features

Ratings

Commercial Info

Location

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