3339 Bothe Road, Kelowna
MLS® 10353132
Offering strong rental income and future redevelopment potential, this property is an excellent investment opportunity. The land is already zoned to accommodate up to 6 townhouses and is located on a quiet street close to all that the South Pandosy neighbourhood has to offer—shopping, restaurants, beaches, schools, H2O Centre, public transit, and much more. Higher floors will enjoy beautiful pastoral views in almost every direction and will aid any future development in being a big success! Good rental revenue ensures that you can continue to rent out the property until the timing is right to redevelop or cash out. The increased Property Transfer Tax Exemption on new construction means that a buyer can now purchase an $850k townhouse with only $60k down if they are eligible for the GST and PTT exemptions. Furthermore, the latest change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being only $3.5k/mo (assuming a 3.09% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the extensive street frontage of this lot provides considerable flexibility to realize your own development vision. (id:36863)
Property Details
- Full Address:
- 3339 Bothe Road, Kelowna, British Columbia
- Price:
- $ 850,000
- MLS Number:
- 10353132
- List Date:
- June 20th, 2025
- Lot Size:
- 0.16 ac
- Year Built:
- 1967
- Taxes:
- $ 4,587
Interior Features
- Bedrooms:
- 6
- Bathrooms:
- 3
- Appliances:
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Flooring:
- Laminate, Ceramic Tile
- Air Conditioning:
- Central air conditioning
- Heating:
- Forced air, See remarks
- Basement:
- Full
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Zoning:
- Multi-Family
- Exterior:
- Stucco, Wood siding
- Garage:
- Attached Garage, Additional Parking
- Garage Spaces:
- 5
- Ownership Type:
- Freehold
- Taxes:
- $ 4,587
Floors
- Finished Area:
- 2451 sq.ft.
Land
- View:
- Mountain view, Valley view, View (panoramic)
- Lot Size:
- 0.16 ac
Neighbourhood Features
Ratings
Commercial Info
Location
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