2220 Burnett Street Lot# 7, Kelowna, British Columbia

About 2220 Burnett Street Lot# 7

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:6289)

More Info on this Kelowna South House MLS® listing

2220 Burnett Street Lot# 7 is a house listing for sale in Kelowna. The MLS® number is 10339669. It was built in 1963, features 5 bedrooms, 3 bathrooms and covers 2,376 square feet. It's currently listed for $1,049,000. For more details on MLS® 10339669, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This house listing in Kelowna South is available now!

Selling your Kelowna South House property?

Have a similar home to 2220 Burnett Street Lot# 7? If you’re thinking about selling your Kelowna South house property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Kelowna property.

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