2343 Pandosy Street, Kelowna
MLS® 10308735
INVESTOR ALERT! Rental Property: Two properties have been amalgamated into one title. Includes detached house on Christleton with two rentable units (main and basement) with passive rental income of $4,000/mo. plus another $6,000/mo. from the Kelowna International Hostel on Pandosy. An owner-operator can capitalize on summer income for the hostel ranging from $25 to $35 K. Superb location just 1 block to the Kelowna Hospital, 2 blocks to lake with shops and restaurants nearby. Development Opportunity: Current owner is well into a Development Permit process for a 6-storey building (commercial ground floor and 5 storeys of residential). Permitted density will be 2.5 FAR. The holding period can be profitable, based on the rental incomes mentioned above. (id:36863)
Property Details
- Full Address:
- 2343 Pandosy Street, Kelowna, British Columbia
- Price:
- $ 3,095,000
- MLS Number:
- 10308735
- List Date:
- April 5th, 2024
- Lot Size:
- 0.27 ac
- Year Built:
- 1950
- Taxes:
- $ 8,033
Interior Features
- Bedrooms:
- 5
- Bathrooms:
- 2
- Air Conditioning:
- Central air conditioning
- Heating:
- Forced air, See remarks
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Zoning:
- Unknown
- Exterior:
- Brick, Stucco
- Garage:
- Rear, Street
- Garage Spaces:
- 7
- Ownership Type:
- Freehold
- Taxes:
- $ 8,033
Floors
- Finished Area:
- 2000 sq.ft.
Land
- Lot Size:
- 0.27 ac