730 Bernard Avenue, Kelowna, British Columbia V1Y 6P5

Listed for:
$1,488,900
10 beds
3 baths
Listed 88 days ago
House for rent: 730 Bernard Avenue, Kelowna, British Columbia V1Y 6P5

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About

Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. It delivers an immediate return as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:27476)

Property Highlights

MLS® Number
10366465
Type
Single Family
Ownership Type
Freehold
Land Size
0.16 ac|under 1 acre
Parking Space Total
6

Building

Building Type
House
Storeys
3.00
Square Footage
4050 sqft
Bathrooms Total
3
Bedrooms Total
10
Amenities
Golf Nearby, Airport
Exterior Finish
Stucco
Fireplace Present
No
Basement Type
Full
Basement Features
Building Heating Type
Forced air, See remarks
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Bedroom
Second level
15'1'' x 12'5''
3pc Bathroom
Second level
8'4'' x 9'11''
Bedroom
Second level
6'3'' x 12'1''
Bedroom
Second level
12'4'' x 13'11''
Full bathroom
Second level
Measurements not available
Bedroom
Second level
8'10'' x 7'6''
Bedroom
Basement
10'11'' x 11'0''
Bedroom
Basement
10'2'' x 14'2''
Family room
Basement
12'6'' x 10'6''
Bedroom
Basement
11'8'' x 8'6''
Laundry room
Basement
8'3'' x 11'5''
Living room
Main level
15'6'' x 15'3''
Primary Bedroom
Main level
16'2'' x 11'4''
Den
Main level
11'1'' x 12'3''
Bedroom
Main level
9'8'' x 11'8''
Dining room
Main level
11'5'' x 12'6''
Bedroom
Main level
10'7'' x 11'6''
4pc Bathroom
Main level
11'7'' x 10'1''
Kitchen
Main level
18'10'' x 9'8''

Location

Learn more about this property
Listing provided by:
Engel & Volkers Okanagan
MLS® number:
10366465
Agent:
Michal Gook
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Street Spotlight - For sale