2343 Pandosy St
Pandosy St, South Pandosy - K.L.O., Kelowna, BC, V1Y 1T5
Quick Summary
Quick Summary
- Two properties amalgamated into one title
- $4,000/month rental income from main house
- $6,000/month hostel income
- Superb location near hospital and lake
- In Development Permit process for 6-storey building
- Permitted 2.5 floor area ratio density
- Profitable holding period based on rental income
INVESTOR ALERT! Rental Property: Two properties have been amalgamated into one title. Includes detached house on Christleton with two rentable units (main and basement) with passive rental income of $4,000/mo. plus another $6,000/mo. from the Kelowna International Hostel on Pandosy. An owner-operator can capitalize on summer income for... Show More
INVESTOR ALERT! Rental Property: Two properties have been amalgamated into one title. Includes detached house on Christleton with two rentable units (main and basement) with passive rental income of $4,000/mo. plus another $6,000/mo. from the Kelowna International Hostel on Pandosy. An owner-operator can capitalize on summer income for the hostel ranging from $25 to $35 K. Superb location just 1 block to the Kelowna Hospital, 2 blocks to lake with shops and restaurants nearby. Development Opportunity: Current owner is well into a Development Permit process for a 6-storey building (commercial ground floor and 5 storeys of residential). Permitted density will be 2.5 FAR. The holding period can be profitable, based on the rental incomes mentioned above. (id:54626)
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Bedroom
11′9″ x 7′
Full bathroom
7′6″ x 8′8″
Primary Bedroom
7′9″ x 14′
Living room
16′ x 8′6″
Dining room
6′6″ x 8′6″
Kitchen
8′6″ x 8′2″
Ownership Details
Ownership
Source
Listing Brokerage
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