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:4069)
| Address |
2343 Pandosy Street |
| List Price |
$3,095,000 |
| Property Type |
Single Family |
| Type of Dwelling |
House |
| Area |
British Columbia |
| Sub-Area |
Kelowna |
| Bedrooms |
5 |
| Bathrooms |
2 |
| Floor Area |
2,000 Sq. Ft. |
| Lot Size |
0.27 Ac. |
| Year Built |
1950 |
