2343 Pandosy Street
Kelowna
Update on 2023-07-04 10:05:04 AM
$ 3,095,000
5
BEDROOMS
2 + 0
BATHROOMS
0
SQUARE FEET
1950
YEAR BUILT
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.
COMMUNITY | KS - Kelowna South |
TYPE | Residential |
STYLE | |
YEAR BUILT | 1950 |
SQUARE FOOTAGE |
BEDROOMS | 5 |
BATHROOMS | 2 |
BASEMENT | |
FEATURES |
GARAGE | No |
PARKING | |
ROOF | Unknown |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | 0 x 0 | Basement |
Second Bedroom | 0 x 0 | Basement |
Third Bedroom | 0 x 0 | Main level |
Dining Room | 0 x 0 | Basement |
Family Room | ||
Kitchen | 0 x 0 | Basement |
Living Room | 0 x 0 | Basement |
INTERIOR
EXTERIOR
Broker
Royal LePage Kelowna
Agent