730 Bernard Avenue
Kelowna, British Columbia, V1Y6P5
For Sale | class="container" id="details-container",488,900 | 10 beds | 3 baths
Key facts
- Property type: Single Family
- Structure: House
- Transaction: For Sale
- Price: class="container" id="details-container",488,900
- Bedrooms: 10
- Bathrooms: 3
- Interior size: 4,050 sqft
- Lot size: 0.16
- Year built: 1950
- Parking: 6
Listing overview
Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. The potential for a solid return on investment as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s cor...

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