Evan Cormier
Referral Partner
Questions? Call: (778) 721-0545
MLS® 10308735 is as 2,000sqft House located at 2343 Pandosy Street, in Kelowna British Columbia. The property features 5 bedrooms, and 2.00 bathrooms.
INVESTOR ALERT! Rental Property: Two properties have been amalgamated into one title. Includes detached house on Christleton with two rentable units (main and basement) with passive rental income of $4,000/mo. plus another $6,000/mo. from the Kelowna International Hostel on Pandosy. An owner-operator can capitalize on summer income for the hostel ranging from $25 to $35 K. Superb location just 1 block to the Kelowna Hospital, 2 blocks to lake with shops and restaurants nearby. Development Opportunity: Current owner is well into a Development Permit process for a 6-storey building (commercial ground floor and 5 storeys of residential). Permitted density will be 2.5 FAR. The holding period can be profitable, based on the rental incomes mentioned above. (id:6289)
| Avg. asking price | $1,284,037 |
| Price per sq. ft. | $708 |
| Median price | $1,000,000 |
| Number of homes for sale in Kelowna South | 231 |
| Number of homes for sale in Kelowna | 2124 |
| Avg. Days on Market | N/A |
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