Development, Investment, or Family Opportunity in Central Kelowna! This exceptional property offers four separate income streams while positioned in a prime Kelowna development corridor, making it an outstanding holding property with strong future potential. The main residence has been tastefully updated with 2 bedrooms, 2 bathrooms, spacious living and family rooms, dining and breakfast areas, an office/den, and dual laundry (including a tenant setup). Upstairs you’ll find a legal 2-bedroom, 1.5- bath suite as well as a 2-bedroom, 1-bath in-law suite—both with private balconies. A detached heated garage/workshop with 220V service provides excellent utility and includes an additional 1-bedroom, 1-bath suite above. With parking for 13 vehicles, a newer roof, and updated appliances, this property is designed to generate income while offering flexibility. It is a developer’s dream with potential for land assembly or higher-density redevelopment under Kelowna’s future land use designations, yet equally appealing to a family seeking a spacious home with substantial mortgage-helping rental income. (id:58842)
Property Information
Property Type
Residential
SqUARE FOOTAGE
5684
sqft
Structure Type
House
LAND SIZE
0.2 acres
Roof Type
Asphalt shingle
Lot
Level lot, Irregular lot size, Two Balconies
SEWER Type
Municipal sewage system
Parking Spots
4
stories
2.0
Floor Type
Tile, Laminate, Carpeted, Wood
More Information
Security
View
City view, Mountain view
Parking
Attached Garage, Rear, RV, See Remarks, Heated Garage