730 Bernard Avenue

4,050 ft²

10
Beds

3
Baths

Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. It delivers an immediate return as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:45055)

• Property Details

  MLS® Number	10366465
  Property Type	Single Family
  Neigbourhood	Kelowna North
  AmenitiesNearBy	Golf Nearby, Airport
  Features	Level Lot
  ParkingSpaceTotal	6
  ViewType	City View

• Building

  BathroomTotal	3
  BedroomsTotal	10
  Appliances	Refrigerator, Range - Electric
  BasementType	Full
  ConstructedDate	1950
  ConstructionStyleAttachment	Detached
  CoolingType	Central Air Conditioning
  ExteriorFinish	Stucco
  FlooringType	Laminate, Tile
  HalfBathTotal	1
  HeatingType	Forced Air, See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  StoriesTotal	3
  SizeInterior	4,050 Ft2
  Type	House
  UtilityWater	Municipal Water

  Detached Garage

  2

• Land

  AccessType	Easy Access
  Acreage	No
  LandAmenities	Golf Nearby, Airport
  LandscapeFeatures	Landscaped, Level
  Sewer	Municipal Sewage System
  SizeFrontage	50 Ft
  SizeIrregular	0.16
  SizeTotal	0.16 Ac|under 1 Acre
  SizeTotalText	0.16 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	Bedroom			15'1'' x 12'5''
  Second Level	3pc Bathroom			8'4'' x 9'11''
  Second Level	Bedroom			6'3'' x 12'1''
  Second Level	Bedroom			12'4'' x 13'11''
  Second Level	Full Bathroom			Measurements not available
  Second Level	Bedroom			8'10'' x 7'6''
  Basement	Bedroom			10'11'' x 11'0''
  Basement	Bedroom			10'2'' x 14'2''
  Basement	Family Room			12'6'' x 10'6''
  Basement	Bedroom			11'8'' x 8'6''
  Basement	Laundry Room			8'3'' x 11'5''
  Main Level	Living Room			15'6'' x 15'3''
  Main Level	Primary Bedroom			16'2'' x 11'4''
  Main Level	Den			11'1'' x 12'3''
  Main Level	Bedroom			9'8'' x 11'8''
  Main Level	Dining Room			11'5'' x 12'6''
  Main Level	Bedroom			10'7'' x 11'6''
  Main Level	4pc Bathroom			11'7'' x 10'1''
  Main Level	Kitchen			18'10'' x 9'8''

• Utilities