Ragsdale
P.o. Box 434
Salmon Arm, BC
Canada V1E 4N6
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
I take pride in hard work, being accountable, and providing excellent customer service based on honesty and professionalism. Combined with the great support of the team at Royal LePage Access Real Estate, I will earn your trust as the go to Realtor here in Salmon Arm.