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:51786)

• Property Details

  MLS® Number	10308735
  Property Type	Single Family
  Neigbourhood	Kelowna South
  Parking Space Total	7

• Building

  Bathroom Total	2
  Bedrooms Total	5
  Constructed Date	1950
  Construction Style Attachment	Detached
  Cooling Type	Central Air Conditioning
  Exterior Finish	Brick, Stucco
  Heating Type	Forced Air, See Remarks
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	2
  Size Interior	2000 Sqft
  Type	House
  Utility Water	Municipal Water

  Street
  Rear

• Land

  Acreage	No
  Sewer	Municipal Sewage System
  Size Irregular	0.27
  Size Total	0.27 Ac|under 1 Acre
  Size Total Text	0.27 Ac|under 1 Acre
  Zoning Type	Unknown

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Bedroom			7'1'' x 11'9''
  Basement	Full Bathroom			8'8'' x 7'6''
  Basement	Primary Bedroom			14'1'' x 7'9''
  Basement	Living Room			8'6'' x 16'
  Basement	Dining Room			8'6'' x 6'7''
  Basement	Kitchen			8'2'' x 8'6''
  Main Level	Bedroom			9'3'' x 8'5''
  Main Level	Bedroom			9' x 11'
  Main Level	Full Bathroom			6'4'' x 5'7''
  Main Level	Primary Bedroom			12'6'' x 11'1''
  Main Level	Living Room			19'6'' x 11'8''
  Main Level	Kitchen			10' x 18'

• Utilities