1475 Bertram Street, Kelowna, British Columbia

Property for Sale in Kelowna

1475 Bertram Street, Kelowna, BC

  • CA$5,800,000
  • 0 BEDS
  • 0 BATHS
  • 28,080 sq.ft. Home
  • CA$5,800,000

Property for Sale in Kelowna

1475 Bertram Street, Kelowna, BC

  • CA$5,800,000
  • 0 BEDS
  • 0 BATHS
  • 28,080 sq.ft. Home
  • CA$5,800,000

Key Facts

  • MLS® #: 10351068
  • Property ID: SIRC2487240
  • Property Type: Residential, Other
  • Living Space: 28,080 sq.ft.
  • Lot Size: 0.45 ac
  • Year Built: 1981
  • Listed By:
  • Colliers

Property Description

Great opportunity to purchase a fully leased apartment building in downtown Kelowna that has been upkept and well maintained over the years. Original owners have updated 19 of the 25 units with newer bathrooms/ kitchens, new laminate flooring, refreshed carpets and cabinets. Windows replaced in 2010, elevator updated in 2011, roof replaced in 2015 with improved insulation and intercom system updated and replaced in 2016. All rents are below market value, strong upside as unit's turnover and long term potential for redevelopment. The property is Zoned UC1 (Downtown Urban Centre) allowing for high-Density Mixed-Use Buildings and is surrounded by new developments. Plenty of redevelopment options in future with cash flow in place making this a great long term investment. Share Sale is an option.

Listing Agents

Colliers

Request More Information

*Showing requires confirmation from agent.

Request More Information

*Showing requires confirmation from agent.

Location

1475 Bertram Street, Kelowna, British Columbia, V1Y 2G3 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 Now

Payment Calculator

mo.* estimated monthly payment based on:
  • $
  • %$
  • %
  • Principal and Interest 0
  • Property Taxes 0
  • Strata / Condo Fees 0
* This payment calculator’s purpose is to provide a rough estimate for planning and educational purposes only. It should not be used as your sole source of information for financial planning purposes. This tool does not offer a loan nor does it solicit your information, it is also not financial or legal advice. Please contact a qualified professional for your financial advice. No responsibility or liability whatsoever can be accepted by Sotheby’s International Realty Canada or Sotheby’s International Realty Affiliates for any loss or damage resultant from any use of, reliance on or reference to the contents of this payment calculator.

Similar PropertiesSee All Similar Properties

Home/British Columbia/Kelowna/MLS® 10351068