Key Facts
- MLS® #: 10339669
- Property ID: SIRC2331340
- Property Type: Residential, Single Family Detached
- Living Space: 2,376 sq.ft.
- Lot Size: 0.19 ac
- Year Built: 1963
- Bedrooms: 5
- Bathrooms: 3
- Parking Spaces: 9
- Listed By:
- RE/MAX Kelowna
Property Description
ATTN INVESTORS!! This 68' x 120' lot in the heart of Kelowna South offers a fantastic development opportunity in one of the city’s most sought-after locations. Just a short walk to Kelowna General Hospital, Lake Okanagan's beautiful beaches & Pandosy Village. Ideally positioned for investors, developers, or those looking for strong rental income potential. With new provincial zoning legislation, this property presents multiple options, including a luxury duplex, fourplex, or potential sixplex. The existing home is uniquely positioned at the front of the lot, allowing for future development at the rear while maintaining rental income. The home features THREE SEPARATE LIVING SPACES, maximizing earning potential with a combined rental income of up to $5,500+ per month. Main residence: 1,222 sq. ft. with 3 bedrooms, 1 bathroom, a spacious living and dining area, kitchen, laundry, and access to a deck overlooking the backyard. Two-bedroom suite: 711 sq. ft. with a private entrance and shared laundry. Studio suite: 215 sq. ft. with its own private entrance. This neighborhood is rapidly evolving, with new developments reshaping the area. Whether you're looking to hold and generate rental income or redevelop for maximum returns, this property is an excellent opportunity in a high-demand location. Call NOW to arrange your private tour, this property will not last!
Rooms
- TypeLevelDimensionsFlooring
- BathroomMain6' 6" x 10'Other
- BedroomMain8' 2" x 10' 11"Other
- BedroomMain13' 3" x 10'Other
- Dining roomMain9' 8" x 10' 3"Other
- KitchenMain10' 6.9" x 13' 5"Other
- Living roomMain19' 8" x 13' 6"Other
- Primary bedroomMain10' 9.6" x 14' 6.9"Other
- BathroomBasement4' 9.9" x 8'Other
- BathroomBasement4' 11" x 7' 9.9"Other
- BedroomBasement8' 2" x 11' 6.9"Other
- KitchenBasement14' 6" x 12'Other
- Laundry roomBasement10' 5" x 11' 11"Other
- Living roomBasement12' 8" x 14'Other
- Primary bedroomBasement9' 3.9" x 14'Other
- Recreation RoomBasement9' 3" x 21' 3.9"Other
Listing Agents
Request More Information
Request More Information
Location
2220 Burnett Street, Kelowna, British Columbia, V1Y 2T6 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0