$1,300,000

House For Sale In South Pandosy, Kelowna, British Columbia

$1,300,000
  • 6

    Bedrooms

  • 5

    Baths

  • 0.30 Acres

    Lot Size

Property Information:

VENDOR FINANCING AVAILABLE! Potential of 6 Storeys with UC5 Zoning and base 1.8 F.A.R!! This 0.3 acre, UC5 property located in an excellent location by Okanagan College, Mission Park, beaches, KGH and Schools has great redevelopment potential for multifamily, daycare or care home. Lime Architecture Inc Site Analysis forthcoming for 15,000 sqft of larger 2,3,4 bedroom units with 15 parking stalls at grade. Higher densities are achievable. With long-term tenants in place, it is an excellent holding property. With its prime location and potential for development, this property is an excellent investment opportunity for those looking to capitalize on the growing demand for multifamily and care home properties in the area. Seller will consider a 2nd mortgage up to $300,000 at 4 % interest only for 2 years OR 1st mortgage up to $800,000 at 3.5% interest only payments for two year term if sale closes by June 24.

Property Features:

  • Bedrooms: 6
  • Bathrooms: 3+2
  • Annual Tax Amount: $5,501
  • Built in: 1973
  • Construction Materials: Stucco, Wood Frame
  • Cooling: Central Air
  • Exterior Features: Private Yard
  • Floor Space (approx): 2912 Square Feet
  • Flooring: Carpet
  • Heating: Natural Gas
  • Irregular: Yes
  • Lot Size: 0.30 Acres
  • Parking Features: Additional Parking
  • Roof: Asphalt, Shingle
  • View: Lake, Mountain(s), Valley
  • Water Source: Public
  • Waterfront Features: None
  • Sewer: Public Sewer

Rooms:

  • Laundry Main Level 2.13 m x 1.52 m
  • Living Main Level 3.56 m x 6.10 m
  • Living Main Level 6.10 m x 3.35 m
  • Primary Bedroom 2nd Level 3.66 m x 3.66 m
  • Bathroom Main Level 2.11 m x 1.83 m
  • Bathroom 2nd Level .00 m x .00 m
  • Bedroom 2nd Level 2.90 m x 3.56 m
  • Kitchen Main Level 2.44 m x 4.14 m
  • Bedroom 2nd Level 3.20 m x 3.66 m
  • Bedroom 2nd Level 3.66 m x 3.30 m
  • Bathroom 2nd Level 2.44 m x 2.59 m
  • Laundry Main Level 2.13 m x 1.52 m
  • Bathroom Main Level 2.13 m x 2.29 m
  • Dining Main Level 2.44 m x 4.14 m
  • Dining Main Level 4.14 m x 2.13 m
  • Storage 2nd Level 1.14 m x 2.13 m
  • Primary Bedroom 2nd Level 3.66 m x 3.66 m
  • Kitchen Main Level 4.14 m x 2.87 m
  • Ensuite Bathroom 2nd Level .00 m x .00 m
  • Bedroom 2nd Level 2.90 m x 3.53 m

Courtesy of: Royal LePage Kelowna

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