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Royal LePage
Royal LePage
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$1,049,000

5 Beds

3 Baths

2376 FEETSQ

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Kelowna BC, V1Y 2T6

MLS® # 10339669

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Rancher
  • Construction Style - Attachment: Detached
  • Fireplace Fuel: Wood
  • Fireplace Type: Conventional
  • Floor Space: 2376 sqft
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type:
  • Appliances: Refrigerator, Dishwasher, Dryer, Range - Electric, See remarks, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5
  • Bathrooms: 3
  • Amenities Nearby: Park, Recreation, Schools
  • Built in: 1963
  • Floor Space (approx): 2376 Square Feet
  • Lot Frontage: 68.0 Feet
  • View Type: Mountain view
  • WaterFront Type: Other
  • Sewer: Municipal sewage system
  • Parking Type: Other
  • No. of Parking Spaces: 9

Rooms:

  • Recreation Room Basement Level 21'4'' x 9'3''
  • Primary Bedroom Basement Level 14'0'' x 9'4''
  • Living Basement Level 14'0'' x 12'8''
  • Laundry Basement Level 11'11'' x 10'5''
  • Kitchen Basement Level 12'0'' x 14'6''
  • Bedroom Basement Level 11'7'' x 8'2''
  • Bathroom Basement Level 7'10'' x 4'11''
  • Bathroom Basement Level 8'0'' x 4'10''
  • Primary Bedroom Main Level 14'7'' x 10'1''
  • Living Main Level 13'6'' x 19'8''
  • Kitchen Main Level 13'5'' x 10'7''
  • Dining Main Level 10'3'' x 9'8''
  • Bedroom Main Level 10'0'' x 13'3''
  • Bedroom Main Level 10'11'' x 8'2''
  • Bathroom Main Level 10'0'' x 6'6''

Courtesy of: RE/MAX Kelowna

REALTOR.ca  

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Location of 2220 Burnett Street Lot# 7, Kelowna, British Columbia, V1Y 2T6

Demographic Information of 2220 Burnett Street Lot# 7, Kelowna, British Columbia, V1Y 2T6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,296.48

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.68 %

High school certificate or equivalent

31.44 %

Apprenticeship trade certificate/diploma

12.35 %

College/non-university certificate

20.19 %

University certificate (below bachelor)

1.04 %

University Degree

23.31 %

Commuter

Travel To Work

By Car

75.12 %

By Public Transit

3.59 %

By Walking

10.95 %

By Bicycle

7.16 %

By Other Methods

3.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.53 %

Houses

66.47 %

Own Vs. Rent

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