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

Neighbourhood Features

Ratings

Commercial Info

Location

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