For Sale: 730 Bernard Avenue, Kelowna, BC - REW
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$1,488,900
10 bd • 2 ba • 4050 sf • House
730 Bernard Avenue
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$1,488,900
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730 Bernard AvenueKelowna, BC, V1Y 6P5

Central City
  • 10 Bed
  • 2 Bath
  • 4050 Sqft
  • House

About this home

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. The potential for a solid return on investment 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 or 4-story development flexibility.
Listing courtesy of Engel & Volkers
Listed by: Michal Gook, Engel & Volkers Okanagan

Home facts and features

Price details
List Price
$1,488,900
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Home facts
Bedrooms
10
Full Bathrooms
2
Parking Spaces
6
Parking Details
Detached, Garage
Property Type
House
Lot Size
6970 ft²
Year Built
Built in 1950 (76 yrs old)
Exterior Finish
Heating Type
Forced Air, Natural Gas
Cooling
Central Air
Appliances
Electric Range, Refrigerator
Community
Agent details
Primary Agent
Primary Broker
Engel & Volkers Okanagan
Listing details
Days on REW
224 Days
Property Views
233
MLS® Number
10366465
Source
Engel & Völkers
Board
Okanagan-Mainline Real Estate Board
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Joseph Elementary School
  • Independent
  • K - 7
Bankhead Elementary School
  • Public
  • K - 6
A S Matheson School
  • Public
  • Pre-K - 6
Raymer School
  • Public
  • Pre-K - 6
Kelowna Secondary School
  • Public
  • 10 - 12
Glenmore Elementary School
  • Public
  • K - 6
KLO Middle School
  • Public
  • 7 - 9
Immaculata Regional High School
  • Independent
  • 8 - 12
Kelowna Christian School
  • Independent
  • K - 12
Casorso Elementary School
  • Public
  • K - 6
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
Michal Gook
Phone:
2503178655
Cell:
2503178655
Office:
778-478-9300
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