Prime Investment Opportunity

Perfect Investment Property in Kelowna

This charming 2000 sq.ft home sits on a large 56 x 138 lot with lane access.

This investment property is in a prime location for redevelopment in Kelowna South. Currently zoned RU1 with future potential to be rezoned as MF1.

Development:

4 plexes
2 duplexes front and back
Main house with suite and carriage house off the laneway

The possibilities are endless. Live in the home while the land appreciates around you. Build a garage with a carriage house for AirBNB potential or suite the basement to maximize this investment property.

The home has been updated and is loaded with character with original hardwood floors, sculpted molding, and plaster ceilings. The main level offers 3 bedrooms and a full bathroom with a large living room and dining area. The kitchen has been updated with white cabinetry and additional counter space with newer appliances all overlooking the sprawling backyard. The covered back deck was recently added and makes a perfect spot to enjoy the Okanagan summers. The lower level offers 2 bedrooms, a full bathroom, a rec room, and an office. Easily suited with a separate entrance already in place.

The home is fully fenced with a sliding gate allowing for ample parking off the laneway. This adorable investment property even comes with a white picket fence.

The area is transforming to multi-family dwellings and the home next door is also available making this a premium package for investors.

Centrally located in Kelowna South just minutes to downtown amenities, the beaches of Lake Okanagan, Kelowna General Hospital, and the shops and restaurants of South Pandosy.