Single Family
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. It delivers an immediate return 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 core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:6769)
Subarea
Kelowna North
Lot
0.16
Year Built
1950
Sewer
Municipal sewage system
Flooring
Laminate,Tile
Parking Type
6
| Room | Floor | Dimension |
|---|---|---|
| Bedroom | Second level | 15'1'' x 12'5'' |
| 3pc Bathroom | Second level | 8'4'' x 9'11'' |
| Bedroom | Second level | 6'3'' x 12'1'' |
| Bedroom | Second level | 12'4'' x 13'11'' |
| Full bathroom | Second level | Measurements not available |
| Bedroom | Second level | 8'10'' x 7'6'' |
| Bedroom | Basement | 10'11'' x 11'0'' |
| Bedroom | Basement | 10'2'' x 14'2'' |
| Family room | Basement | 12'6'' x 10'6'' |
| Bedroom | Basement | 11'8'' x 8'6'' |
| Laundry room | Basement | 8'3'' x 11'5'' |
| Living room | Main level | 15'6'' x 15'3'' |
| Primary Bedroom | Main level | 16'2'' x 11'4'' |
| Den | Main level | 11'1'' x 12'3'' |
| Bedroom | Main level | 9'8'' x 11'8'' |
| Dining room | Main level | 11'5'' x 12'6'' |
| Bedroom | Main level | 10'7'' x 11'6'' |
| 4pc Bathroom | Main level | 11'7'' x 10'1'' |
| Kitchen | Main level | 18'10'' x 9'8'' |
Michal Gook
(250) 317-8655
Engel & Volkers Okanagan
(778) 478-9300
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: 2025-10-31 01:36:46
