$1,068,022
Downtown Kelowna P2 Gem: Income + Development Potential
- 10 Beds
- 2 Baths
- 4,050 Sqft
- 6,970 Sqft lot
- Updated: June 19
About the Property
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 pro
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.
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Property type
House
-
Year built
1950
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Price/sqft
$263
Features
- Mountain View
- Garden
- Terrace
- Pool
- Water View
- Investment Property
- Gate
- Basement
- Washer Dryer
Features
Lot
- Mountain View
- Water View
- Investment Property
Indoor
- Office
- Washer Dryer
- Bar
- Basement
Outdoor
- Terrace
- Balcony
- Pool
- Gate
- Garden
Explore the Area
730 Bernard Avenue, Kelowna, British Columbia, Canada
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Listings
2024
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Last updated
June 19
First listed
Oct 25, 2025
Agent licence
#16512228010443
Listing reference
10366465
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