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408 Royal Avenue, Kelowna, British Columbia, V1Y 5L3

MLS® # 10362095
Investment For Sale In Kelowna, British Columbia
$1,750,000
408 Royal Avenue, Kelowna, BC - Outdoor With Body Of Water With View
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor
408 Royal Avenue, Kelowna, BC - Outdoor
408 Royal Avenue, Kelowna, BC - Outdoor With Body Of Water With View
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor
408 Royal Avenue, Kelowna, BC - Outdoor With View
408 Royal Avenue, Kelowna, BC - Outdoor
408 Royal Avenue, Kelowna, BC - Outdoor
Home Insurance - TD Insurance
Get a home insurance quote online for this $1,750,000 property in Kelowna
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MULTIMEDIA

408 Royal Avenue, Kelowna, British Columbia, V1Y 5L3
$1,750,000

Property Information:

COMPETIVELY PRICED! With only steps to the beach and the trendy Pandosy Village, this rare development site is strategically located directly across from the Kelowna General Hospital making it an impressive income producing or holding property opportunity. It offers an unparalleled opportunity for up to 16 to 20 high demand residential units, mixed commercial or medical/hospital related uses. The .2 acre corner lot is situated within the 400m TOA allowing for more buildable sqft and no parking required for residential developments. Current 5 bedroom/3 bathroom 2,300 sqft home. Be a part of the growing Kelowna Health District! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Built in: 1956
  • Sewer: Municipal sewage system
  • Parking Type: Carport, Street, Rear

Courtesy of: Century 21 Assurance Realty Ltd

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 408 Royal Avenue, Kelowna, British Columbia, V1Y 5L3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 408 Royal Avenue , experiences 7 hot days per year at around 32.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 36.7 degrees Celsius.

Projected Avg. Temperature

Past
32.9℃
2050
36.7℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 408 Royal Avenue , experiences 11 significant 2-day storms per year, with about 141.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 155.3mm of precipitation per year.

Precipitation Per Storm

Past
141.7mm
2050
155.3mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 408 Royal Avenue, Kelowna, British Columbia, V1Y 5L3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$119,357.51

Average Number of Children

1.46

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.52 %

High school certificate or equivalent

30.37 %

Apprenticeship trade certificate/diploma

4.91 %

College/non-university certificate

22.86 %

University certificate (below bachelor)

0.61 %

University Degree

33.73 %

Commuter

Travel To Work

By Car

68.28 %

By Public Transit

5.54 %

By Walking

19.32 %

By Bicycle

4.25 %

By Other Methods

2.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

29.25 %

Houses

70.75 %

Own Vs. Rent

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