Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. The potential for a solid return on investment as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. The real value lies in its exceptional versatility: P2 Zoning: Highly flexible, permitting high-demand applications like supportive housing, health services, private clubs, and diverse business ventures. Significant growth opportunities, including potential for OPC multi-family residential development. Secure your future in Kelowna’s core—this is the definitive opportunity to capitalize on a property with both turnkey income and or 4-story development flexibility.
For sale
C$1,488,900
730 Bernard Ave, Kelowna, BC V1Y 6P5
10beds
4,050sqft
Single Family Residence
Built in 1950
6,969 Square Feet Lot
$-- Zestimate®
C$368/sqft
C$-- HOA
What's special
- 279 days |
- 34 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Michal Gook,
Engel & Volkers Okanagan
Source: Association of Interior REALTORS,MLS®#: 10366465Originating MLS®#: Association of Interior REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
- Area: 183.22 Square Feet
- Dimensions: 16.17x11.33
Bedroom
- Level: Main
- Area: 121.71 Square Feet
- Dimensions: 10.58x11.50
Bedroom
- Level: Basement
- Area: 99.17 Square Feet
- Dimensions: 11.67x8.50
Bedroom
- Level: Second
- Area: 66.25 Square Feet
- Dimensions: 8.83x7.50
Bedroom
- Level: Main
- Area: 112.78 Square Feet
- Dimensions: 9.67x11.67
Bedroom
- Level: Basement
- Area: 144.03 Square Feet
- Dimensions: 10.17x14.17
Bedroom
- Level: Second
- Area: 171.64 Square Feet
- Dimensions: 12.33x13.92
Bedroom
- Level: Second
- Area: 75.52 Square Feet
- Dimensions: 6.25x12.08
Bedroom
- Level: Basement
- Area: 120.08 Square Feet
- Dimensions: 10.92x11.00
Bedroom
- Level: Second
- Area: 187.28 Square Feet
- Dimensions: 15.08x12.42
Den
- Level: Main
- Area: 135.77 Square Feet
- Dimensions: 11.08x12.25
Dining room
- Level: Main
- Area: 142.71 Square Feet
- Dimensions: 11.42x12.50
Family room
- Level: Basement
- Area: 131.25 Square Feet
- Dimensions: 12.50x10.50
Other
- Features: Four Piece Bathroom
- Level: Main
- Area: 116.8 Square Feet
- Dimensions: 11.58x10.08
Other
- Level: Second
- Dimensions: 0 x 0
Half bath
- Features: Three Piece Bathroom
- Level: Second
- Area: 82.64 Square Feet
- Dimensions: 8.33x9.92
Kitchen
- Level: Main
- Area: 182.06 Square Feet
- Dimensions: 18.83x9.67
Laundry
- Level: Basement
- Area: 94.19 Square Feet
- Dimensions: 8.25x11.42
Living room
- Level: Main
- Area: 236.38 Square Feet
- Dimensions: 15.50x15.25
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator
Features
- Den
- Flooring: Laminate, Tile
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 4,050 sqft
- Finished area above ground: 2,806
- Finished area below ground: 1,244
Property
Parking
- Total spaces: 6
- Parking features: Detached, Garage
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Porch
- Exterior features: Garden
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 6,969 Square Feet
- Dimensions: 50.00 x 137.00
- Features: Central Business District, City Lot, Easy Access, Near Golf Course, Landscaped, Level, Paved
Details
- Parcel number: 004416317
- Zoning: P2
- Zoning description: Multi-Family,Office,Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Community
- Features: Airport/Runway
HOA
- Has HOA: No
Location
- Region: Kelowna
Financial & listing details
- Price per square foot: C$368/sqft
- Annual tax amount: C$9,651
- Date on market: 10/23/2025
- Cumulative days on market: 496 days
- Ownership: Freehold,Fee Simple
Michal Gook
Michal Gook
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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