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2343 Pandosy Street Kelowna, British Columbia V1Y 1T2

$3,095,000

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 enue in the summer months ranges from $25k to $35k. (id:20009)

Property Details

MLS® Number 10306256
Property Type Other
Neigbourhood Kelowna North

Building

Type Residential Commercial Mix

Land

Acreage No
Current Use Mixed Use
Size Total Text Under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/26591123/2343-pandosy-street-kelowna-kelowna-north

Interested?

Contact us for more information


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Joe Ungaro
Personal Real Estate Corporation

(250) 317-1819
www.realestatekelownabc.com/
https://www.facebook.com/UngaroAlbrechtCourtney/
https://www.linkedin.com/public-profile/settings?trk=d_flagship3_profile_self_vi
https://joe_ungaro/

Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595
https://royallepagekelowna.com/

Tracy Sjoquist

(778) 215-5030

Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595
https://royallepagekelowna.com/