730 Bernard Avenue Kelowna, British Columbia V1Y6P5

$1,598,880

4050 sqft
10 Bed
3 Bath
MLS# 10226011

Description

Solid location with great revenue, a business that has the potential to create a once-in-a-lifetime earning stream. This property is in a key location in the downtown business core. P2 Zoning allows for 40+ uses including; Offices, Health Services, Daycare, Private and Public Education Services, and many more. The current owner operates the building as a 12 room Hostel. The hostel is not subject to the BC Residential Tenancy Act. On 3 levels there are 12 rental rooms, two multi-stall shared bathrooms, a kitchen, a dining room, and a large common area in the basement. The upstairs Master Bedroom is large and could be converted into another dormitory-style room for more beds. Currently zoned P2 with future OPC Plan multi-family residential. Located in one of Canadas top tourist destinations. Only steps to Kelowna's thriving downtown core and minutes to Okanagan Lake beaches.

Overview

  • Price $1,598,880
  • MLS # 10226011
  • Age 1965
  • Size 4050 sqft
  • Bedrooms 10
  • Bathrooms 3
  • Detached Garage:
  • Exterior Stucco
  • Cooling Central Air Conditioning
  • Appliances Refrigerator, Range - Electric
  • Water Municipal water
  • Sewer Municipal sewage system
  • Flooring Tile, Laminate
  • Listing Office Engel & Volkers Okanagan
  • View City view
  • Landscape Features Garden Area, Fully landscaped

Room Information

  • Basement
  • Bedroom 11 ft ,8 in x 8 ft ,6 in
  • Family room 12 ft ,6 in x 10 ft ,6 in
  • Bedroom 10 ft ,2 in x 14 ft ,2 in
  • Bedroom 10 ft ,11 in x 11 ft
  • Main level
  • Full bathroom 11 ft ,7 in x 10 ft ,1 in
  • Bedroom 10 ft ,7 in x 11 ft ,6 in
  • Dining room 11 ft ,5 in x 12 ft ,6 in
  • Porch 12 ft ,6 in x 6 ft
  • Bedroom 9 ft ,8 in x 11 ft ,8 in
  • Den 11 ft ,1 in x 12 ft ,3 in
  • Primary Bedroom 16 ft ,2 in x 11 ft ,4 in
  • Living room 15 ft ,6 in x 15 ft ,3 in
  • Second level
  • Full bathroom Measurements not available
  • Bedroom 12 ft ,4 in x 13 ft ,11 in
  • Bedroom 6 ft ,3 in x 12 ft ,1 in
  • 2pc Bathroom 8 ft ,4 in x 9 ft ,11 in
  • Bedroom 15 ft ,1 in x 12 ft ,5 in

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