ATTN INVESTORS!! This 68' x 120' lot in the heart of Kelowna South offers a fantastic development opportunity in one of the city’s most sought-after locations. Just a short walk to Kelowna General Hospital, Lake Okanagan's beautiful beaches & Pandosy Village. Ideally positioned for investors, developers, or those looking for strong rental income potential. With new provincial zoning legislation, this property presents multiple options, including a luxury duplex, fourplex, or potential sixplex. The existing home is uniquely positioned at the front of the lot, allowing for future development at the rear while maintaining rental income. The home features THREE SEPARATE LIVING SPACES, maximizing earning potential with a combined rental income of up to $5,500+ per month. Main residence: 1,222 sq. ft. with 3 bedrooms, 1 bathroom, a spacious living and dining area, kitchen, laundry, and access to a deck overlooking the backyard. Two-bedroom suite: 711 sq. ft. with a private entrance and shared laundry. Studio suite: 215 sq. ft. with its own private entrance. This neighborhood is rapidly evolving, with new developments reshaping the area. Whether you're looking to hold and generate rental income or redevelop for maximum returns, this property is an excellent opportunity in a high-demand location. Call NOW to arrange your private tour, this property will not last! (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
68 x 0 ft
Amenities Nearby
Park, Recreation, Schools
Listing Contract Date
2025-03-19
Municipal ID
009-456-431
Ownership Type
Freehold
# of Parking Spaces
9
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view
Waterfront Type
Other
Zoning
Unknown
Building
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, See remarks, Washer
Architectural Style
Ranch
Constructed Date
1963
Construction Style (Attachment)
Detached
Fireplace Fuel
Wood
Fireplace Present
Yes
Fireplace Type
Conventional
Heating Type
See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Recreation room
Basement
21'4'' x 9'3''
Primary Bedroom
Basement
14'0'' x 9'4''
Living room
Basement
14'0'' x 12'8''
Laundry room
Basement
11'11'' x 10'5''
Kitchen
Basement
12'0'' x 14'6''
Bedroom
Basement
11'7'' x 8'2''
4pc Bathroom
Basement
7'10'' x 4'11''
Full bathroom
Basement
8'0'' x 4'10''
Primary Bedroom
Main level
14'7'' x 10'1''
Living room
Main level
13'6'' x 19'8''
Kitchen
Main level
13'5'' x 10'7''
Dining room
Main level
10'3'' x 9'8''
Bedroom
Main level
10'0'' x 13'3''
Bedroom
Main level
10'11'' x 8'2''
4pc Bathroom
Main level
10'0'' x 6'6''
Parking Spaces
Name
Spaces
See Remarks
Other
Land
Total Size
0.19 acres
Amenities
Park, Recreation, Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.19
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