Stohler*
10114 Main Street
Summerland, BC
Canada V0H 1Z0
Details
Address | 2343 Pandosy Street |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $3,095,000 |
Property Type | Single Family - Detached |
Bedrooms | 5 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 2000 Square Feet |
Lot Size | 0.27 Acres |
Waterfront | No |
Year Built | 1950 |
Taxes | $8,033 |
Tax Year | 2023 |
MLS® # | 10308735 |
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.
Listed by ROYAL LEPAGE KELOWNA
Location
About
Whether you are buying or selling a home, thanks for visiting and considering me for your next real estate transaction. I invite you to use my website as a service to search all of my listings and find the information you need to make a solid decision as you buy or sell a home.
If there is anyway that I can be of assistance, I welcome the opportunity to work with you personally!
Cordially, Mike Stohler