2343 Pandosy Street Kelowna, British Columbia V1Y1T2
$3,095,000
Description
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:6770)
Overview
- Price $3,095,000
- MLS # 10308735
- Age 1950
- Stories 2
- Size 2000 sqft
- Bedrooms 5
- Bathrooms 2
- Street:
- Rear:
- Exterior Brick, Stucco
- Cooling Central Air Conditioning
- Water Municipal water
- Sewer Municipal sewage system
- Listing Office Royal LePage Kelowna
Room Information
- Basement
- Full bathroom 8'8'' x 7'6''
- Primary Bedroom 14'1'' x 7'9''
- Living room 8'6'' x 16'
- Dining room 8'6'' x 6'7''
- Kitchen 8'2'' x 8'6''
- Main level
- Bedroom 9' x 11'
- Full bathroom 6'4'' x 5'7''
- Primary Bedroom 12'6'' x 11'1''
- Living room 19'6'' x 11'8''
- Kitchen 10' x 18'