For Sale: 1880 Pandosy Street, Kelowna, BC - REW
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$5,600,000
0 bd • 0 ba • sf • Multifamily
1880 Pandosy Street
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$5,600,000
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1880 Pandosy StreetKelowna, BC, V1Y 1R4

Central City
  • 0 Bed
  • 0 Bath
  • Sqft
  • Multifamily

About this home

Prime central Kelowna multifamily investment opportunity, desirable location on the fringe of downtown within easy walking distance of Lake Okanagan beaches, downtown services, restaurants, shopping, transit, professional offices, parks, and the cultural district. This well-maintained 1965-vintage, three-storey walk-up apartment building offers 21 total suites, comprising 15 - 1 bdrm units, 5 - 2 bdrm units, and a single studio suite, providing a balanced and highly rentable suite mix in one of Kelowna's most desirable urban locations. The property is fully occupied and offers investors stable income with the added strength of a proven central rental location where tenant demand remains consistently strong. The building has benefited from numerous updates and ongoing maintenance over time, including upgraded natural gas boilers and renovated apartment suites, while retaining the durable fundamentals investors seek in a walkable, centrally located rental asset. Tenant amenities include main-floor laundry room, secure bike storage, and rear surface parking stalls accessible from the lane, adding practical convenience for residents in a location where walkability and lifestyle are key demand drivers. With its established income profile, central Pandosy Street address, proximity to downtown Kelowna and Lake Okanagan, plus attractive suite mix, this is a compelling opportunity for investors seeking a stable multifamily holding with long-term rental appeal in the Central Okanagan. (id:63626)
Listed by: Tim Down, RE/MAX Ocean Pacific Realty (Crtny)

Home facts and features

Price details
List Price
$5,600,000
Get Pre-Approved
Gross Taxes for 2026
$15,392
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
21
Parking Details
Rear
Property Type
Multifamily
Lot Size
109 ft x 0 ft (15245 ft²)
Depth
Frontage
109.0 feet
Year Built
Built in 1965 (61 yrs old)
Title
Freehold
Heating Type
See remarks, Hot Water
Features
Corner Site, Level lot
Appliances
Oven, Refrigerator
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Ocean Pacific Realty (Crtny)
Listing details
Days on REW
32 Days
Property Views
25
MLS® Number
10386324
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Joseph Elementary School
  • Independent
  • K - 7
A S Matheson School
  • Public
  • Pre-K - 6
Raymer School
  • Public
  • Pre-K - 6
Bankhead Elementary School
  • Public
  • K - 6
Kelowna Secondary School
  • Public
  • 10 - 12
KLO Middle School
  • Public
  • 7 - 9
Immaculata Regional High School
  • Independent
  • 8 - 12
Casorso Elementary School
  • Public
  • K - 6
Glenmore Elementary School
  • Public
  • K - 6
Kelowna Christian School
  • Independent
  • K - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Tim Down
Phone:
(250) 864-9140
Cell:
250-864-9140
Office:
250-334-9900
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