Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$850,000

6 Beds

3 Baths

2451 FEETSQ

QuickQuoteTM: Not Available

Kelowna BC, V1W 3M3

MLS® # 10353132

Property Information:

Offering strong rental income and future redevelopment potential, this property is an excellent investment opportunity. The land is already zoned to accommodate up to 6 townhouses and is located on a quiet street close to all that the South Pandosy neighbourhood has to offer—shopping, restaurants, beaches, schools, H2O Centre, public transit, and much more. Higher floors will enjoy beautiful pastoral views in almost every direction and will aid any future development in being a big success! Good rental revenue ensures that you can continue to rent out the property until the timing is right to redevelop or cash out. The increased Property Transfer Tax Exemption on new construction means that a buyer can now purchase an $850k townhouse with only $60k down if they are eligible for the GST and PTT exemptions. Furthermore, the latest change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being only $3.5k/mo (assuming a 3.09% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the extensive street frontage of this lot provides considerable flexibility to realize your own development vision. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stucco, Wood siding
  • Floor Space: 2451 sqft
  • Flooring Type: Ceramic Tile, Laminate
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning
  • Appliances: Refrigerator, Dishwasher, Dryer, Range - Electric, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 6
  • Bathrooms: 3
  • Access Type: Easy access
  • Amenities Nearby: Golf Nearby, Park, Recreation, Schools, Shopping
  • Built in: 1967
  • Features: Level lot, Corner Site
  • Floor Space (approx): 2451 Square Feet
  • Landscape Features: Landscaped
  • Lot Frontage: 73.0 Feet
  • View Type: Mountain view, Valley view, View (panoramic)
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 5

Rooms:

  • Bathroom Basement Level 6'7'' x 7'3''
  • Bedroom Basement Level 8'1'' x 10'9''
  • Bedroom Basement Level 11'0'' x 10'10''
  • Kitchen Basement Level 13'3'' x 10'7''
  • Dining Basement Level 9'7'' x 11'2''
  • Living Basement Level 17'2'' x 10'10''
  • Bedroom Main Level 9'2'' x 9'3''
  • Bedroom Main Level 10'10'' x 9'2''
  • Bedroom Main Level 11'5'' x 9'6''
  • Bathroom Main Level 7'0'' x 9'8''
  • Bathroom Main Level 3'0'' x 9'0''
  • Primary Bedroom Main Level 13'3'' x 14'2''
  • Kitchen Main Level 18'3'' x 10'4''
  • Dining Main Level 9'6'' x 10'9''
  • Living Main Level 17'9'' x 12'8''

Courtesy of: Century 21 Assurance Realty Ltd

REALTOR.ca  

More Detail
Less Detail
QuickQuoteTM Powered by RPS

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 3339 Bothe Road, Kelowna, British Columbia, V1W 3M3

Demographic Information of 3339 Bothe Road, Kelowna, British Columbia, V1W 3M3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$89,946.78

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.34 %

High school certificate or equivalent

34.62 %

Apprenticeship trade certificate/diploma

9.05 %

College/non-university certificate

21.67 %

University certificate (below bachelor)

0.95 %

University Degree

18.37 %

Commuter

Travel To Work

By Car

79.28 %

By Public Transit

9.14 %

By Walking

7.77 %

By Bicycle

3.5 %

By Other Methods

0.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.65 %

Houses

32.35 %

Own Vs. Rent

More Detail
Less Detail