For Sale

$1,598,880

Added 2 months ago

1024050 sqft
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Solid Location With Great Revenue, A Business That Has The Potential To Create A Once-In-A-Lifetime Earning Stream. This Property Is In A Key Location In The Downtown Business Core. P2 Zoning Allows For 40+ Uses Including; Offices, Health Services, Daycare, Private And Public Education Services, And Many More. The Current Owner Operates The Building As A 12 Room Hostel. The Hostel Is Not Subject To The Bc Residential Tenancy Act. On 3 Levels There Are 12 Rental Rooms, Two Multi-Stall Shared Bathrooms, A Kitchen, A Dining Room, And A Large Common Area In The Basement. The Upstairs Master Bedroom Is Large And Could Be Converted Into Another Dormitory-Style Room For More Beds. Currently Zoned P2 With Future Opc Plan Multi-Family Residential. Located In One Of Canadas Top Tourist Destinations. Only Steps To Kelowna'S Thriving Downtown Core And Minutes To Okanagan Lake Beaches. (Id:15898)

Property Details

Room Layout

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BedroomSecond level7.5 × 8.83 ft
Full bathroomSecond levelNot available
BedroomBasement11 × 10.92 ft
KitchenMain level9.67 × 18.83 ft
Full bathroomMain level10.08 × 11.58 ft
BedroomMain level11.5 × 10.58 ft
Dining roomMain level12.5 × 11.42 ft
PorchMain level6 × 12.5 ft
BedroomMain level11.67 × 9.67 ft
DenMain level12.25 × 11.08 ft
Primary BedroomMain level11.33 × 16.17 ft
Living roomMain level15.25 × 15.5 ft
BedroomSecond level13.92 × 12.33 ft
BedroomSecond level12.08 × 6.25 ft
2pc BathroomSecond level9.92 × 8.33 ft
BedroomSecond level12.42 × 15.08 ft
Laundry roomBasement11.42 × 8.25 ft
BedroomBasement8.5 × 11.67 ft
Family roomBasement10.5 × 12.5 ft
BedroomBasement14.17 × 10.17 ft
ExtrasShow Details

Refrigerator, Range - Electric

Listed by: Engel & Volkers Okanagan

REALTOR®. Member of The Canadian Real Estate Association (CREA) and more. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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184 Front Street East Suite 402 Toronto, ON M5A 4N3

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