Don Rae Realtor


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  • 2220 Burnett Street Lot# 7 Kelowna V1Y2T6

    Price : $1,049,000 Listing ID : 10339669
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2376 sqft
    Built in : 1963 Total Parking Spaces : 9
    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! (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Park, Recreation, Schools Access : - Appliances Inc : Refrigerator, Dishwasher, Dryer, Range - Electric, See remarks, Washer
    Community Features : - Features : - Structures : -
    Total Parking Spaces : 9 View : Mountain view Waterfront : Other
    Zoning Type : -
    Building
    Architecture Style : Ranch Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : Wood Fireplace Type : Conventional
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement 4pc Bathroom 7'10'' x 4'11''
    Bedroom 11'7'' x 8'2''
    Full bathroom 8'0'' x 4'10''
    Kitchen 12'0'' x 14'6''
    Laundry room 11'11'' x 10'5''
    Living room 14'0'' x 12'8''
    Primary Bedroom 14'0'' x 9'4''
    Recreation room 21'4'' x 9'3''
    Main level 4pc Bathroom 10'0'' x 6'6''
    Bedroom 10'0'' x 13'3''
    Bedroom 10'11'' x 8'2''
    Dining room 10'3'' x 9'8''
    Kitchen 13'5'' x 10'7''
    Living room 13'6'' x 19'8''
    Primary Bedroom 14'7'' x 10'1''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.