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2343 Pandosy Street
Kelowna, British Columbia V1Y1T2

$3,095,000

ID# 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. (id:3942)

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Courtesy of Royal LePage Kelowna
Listed on: March 06, 2024

On market: 58 days
Bathroom Total 2
Bedrooms Total 5
Half Bathrooms Total 0
Year Built 1950
Cooling Type Central air conditioning
Heating Type Forced air, See remarks
Stories Total 2
BedroomBasement7'1'' x 11'9''
Full bathroomBasement8'8'' x 7'6''
Primary BedroomBasement14'1'' x 7'9''
Living roomBasement8'6'' x 16'
Dining roomBasement8'6'' x 6'7''
KitchenBasement8'2'' x 8'6''
BedroomMain level9'3'' x 8'5''
BedroomMain level9' x 11'
Full bathroomMain level6'4'' x 5'7''
Primary BedroomMain level12'6'' x 11'1''
Living roomMain level19'6'' x 11'8''
KitchenMain level10' x 18'
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Gayle Hunter

Personal Real Estate Corporation

gaylehunter.realtor@gmail.com | 250-575-9184

Amy Zimmer

Personal Real Estate Corporation

sold@amyzimmer.com | 250-300-8878

Suzette Ritchie

Real Estate Professional

suzetteritchie@royallepage.ca | 250-878-4350

Nik Zimmer

Real Estate Professional

nikzimmer@royallepage.ca | 250-859-6984

Zena Tucker

Real Estate Professional

zenatucker.realtor@gmail.com | 250-863-2770

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Gayle Hunter & Associates are a real estate team in Kelowna BC, that are focused on helping you achieve your real estate goals. We are a diverse and knowledgeable team with a wealth of real estate experience and are constantly aware of the ever evolving market conditions and real estate trends.

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