2343 Pandosy Street
Kelowna, British Columbia V1Y1T2

$3,095,000

ID# 10306256
Exciting Opportunity in the new MF4 Zoning! The owner is well into a Development Permit process for a 5-story building and now with new MF4 zoning this can now be mixed use commercial (main floor) and residential of up to 6 stories total, and minimal parking. Permitted density will be 2.5 F.A.R. or 26,853 sqft Very impressive preliminary plans available. Commercial will be permitted on the main floor. Two properties have been amalgamated to one title. The holding period can be profitable with excellent steady monthly income of approximately $10,000 attainable from the International Hostel ($6,000/month) and detached 3+2 bedroom home ($4,000/month). The Hostel can also be operated for much higher income and hostel revenue in the summer months ranges from $25k to $35k. (id:3942)

JOHN YETMAN

PERSONAL REAL ESTATE CORPORATION

Direct: 250-215-2455

johnyetman@royallepage.ca

Courtesy of Royal LePage Kelowna
Listed on: March 06, 2024

On market: 55 days
Half Bathrooms Total 0

JOHN YETMAN

PERSONAL REAL ESTATE CORPORATION

Direct: 250-215-2455

johnyetman@royallepage.ca

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits