Dallas Markovina Personal Real Estate Corporation - 250-870-6145

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Multi-family in Kelowna

$5,600,000.00
1880 Pandosy Street - MLS® #: 10386324
  • (156)
  • 170
  • 235
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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Dallas Markovina Personal Real Estate Corporation
Contact Agent
250-870-6145

Property Type

Multi-family

Description

Prime central Kelowna multifamily investment opportunity, desirable location on the fringe of downtown within easy walking distance of Lake Okanagan beaches, downtown services, restaurants, shopping, transit, professional offices, parks, and the cultural district. This well-maintained 1965-vintage, three-storey walk-up apartment building offers 21 total suites, comprising 15 - 1 bdrm units, 5 - 2 bdrm units, and a single studio suite, providing a balanced and highly rentable suite mix in one of Kelowna's most desirable urban locations. The property is fully occupied and offers investors stable income with the added strength of a proven central rental location where tenant demand remains consistently strong. The building has benefited from numerous updates and ongoing maintenance over time, including upgraded natural gas boilers and renovated apartment suites, while retaining the durable fundamentals investors seek in a walkable, centrally located rental asset. Tenant amenities include main-floor laundry room, secure bike storage, and rear surface parking stalls accessible from the lane, adding practical convenience for residents in a location where walkability and lifestyle are key demand drivers. With its established income profile, central Pandosy Street address, proximity to downtown Kelowna and Lake Okanagan, plus attractive suite mix, this is a compelling opportunity for investors seeking a stable multifamily holding with long-term rental appeal in the Central Okanagan. (id:6769)

Property Details

Subarea
Kelowna South

Lot
0.35

Year Built
1965

Sewer
Municipal sewage system

Parking Type
21

Listing Agent

Tim Down
(250) 864-9140

Brokerage

REMAX Ocean Pacific (Crtny)
(250) 334-9900

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: 2026-05-07 02:21:22




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