Soleway
104 - 3477 Lakeshore Rd
Kelowna, BC
Canada V1W 3S9
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