Dallas Markovina Personal Real Estate Corporation - 250-870-6145
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Single Family in Kelowna
- 190
- 67
4 Bedrooms
3 Bathrooms- 2606 Sq Ft
Property Type
Single Family
Description
Exceptional Investment/Development Opportunity in Lower Mission: This is the most affordable 4-bedroom property in Lower Mission, offering an excellent opportunity for both investors and developers. Situated on a prime corner lot, this property features a spacious layout across multiple levels: Upper Level: 3 generous bedrooms and 2 bathrooms. Main Level: Expansive living areas, a well-appointed kitchen, and a dining space. This level also includes a 4th bedroom, ideal for flexible living arrangements. Basement: Unfinished and awaiting your creative vision. The basement currently has no external exit, but one can easily be added. Water and power are already available, making it ready for your plans. Built in 1987 by a German builder for himself, the home is in solid condition and boasts high-quality construction. However, if you prefer to explore redevelopment options, the property is zoned MF1, which allows for up to 6 units. Draft development plans are available in the supplement section. This property is just 700 meters from Okanagan College, making it an ideal candidate for student accommodation, with the potential to generate $5,000 per month in rental income (current tenants are two single renters). This makes it a cash flow-positive rental property with great income potential and CAP. Additional Notes: All measurements are approximate. Please verify if important. (id:6769)
Property Details
Subarea
Kelowna South
Lot
0.18
Year Built
1987
Flooring
Laminate
Parking Type
2
Rooms Dimension
| Room | Floor | Dimension |
|---|---|---|
| 3pc Bathroom | Second level | 5' x 7' |
| Bedroom | Second level | 9' x 9' |
| 3pc Bathroom | Second level | 10' x 10' |
| Bedroom | Second level | 10' x 10' |
| Bedroom | Second level | 10' x 10' |
| Laundry room | Main level | 6' x 8' |
| 3pc Bathroom | Main level | 6' x 6'6'' |
| Primary Bedroom | Main level | 10' x 10' |
| Family room | Main level | 13' x 16' |
| Kitchen | Main level | 7' x 11' |
| Dining room | Main level | 10' x 8' |
| Living room | Main level | 12' x 15' |
| Foyer | Main level | 6' x 7' |
Listing Agent
Sam Belete
(250) 351-6029
Brokerage
Royal LePage Kelowna
(250) 860-1100
Disclaimer:
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2025-09-18 02:38:27
