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Multifamily

1737 Pandosy Street

1737 Pandosy St, Kelowna, BC V1Y 6C3

Listing Price: $2,650,000

Number of Units
4
Price/Unit
$662,500
Price/Gross SF
$233.44
Gross SF
11,352

Investment Overview

1737 Pandosy Street is a unique and rare multifamily investment opportunity in Kelowna’s downtown core. The subject property consists of a condo building with 3 separate titles but operating as 4 individual units and a fourth title which is a .12 acre piece of adjoining land currently used as the property’s surface parking lot. This parcel offers further opportunity to redevelop, with plans in place for an additional condo tower. The condo building was substantially reconstructed in 2012 from the concrete shell and is currently being operated as a short-term rental business, with options of longer-term leases. Each suite is fully furnished, well-appointed, and completely self-contained offering a turn-key operation.

Investment Highlights

  • Substantially reconstructed condo building operating as 4 individual units as a short-term rental business.
  • Strata-titled nature provides flexibility to ownership for future options.
  • Each suite is very-well-appointed with luxury furnishings and high-quality finishings throughout including stone countertops, air conditioning and, full stainless steel appliance packages.
  • Located in Kelowna's downtown core, everything is within walking distance including City Park, Hot Sands Beach, Kelowna Community Theatre, Prospera Place, Kelowna Yacht Club, and Kelowna's entire downtown district of restaurants, entertainment venues, and world-class shopping.

Exclusively Listed By

Multifamily

1737 Pandosy Street

Listing Price: $2,650,000

Number of Units
4
Price/Unit
$662,500
Price/Gross SF
$233.44
Gross SF
11,352

Investment Highlights

  • Substantially reconstructed condo building operating as 4 individual units as a short-term rental business.
  • Strata-titled nature provides flexibility to ownership for future options.
  • Each suite is very-well-appointed with luxury furnishings and high-quality finishings throughout including stone countertops, air conditioning and, full stainless steel appliance packages.
  • Located in Kelowna's downtown core, everything is within walking distance including City Park, Hot Sands Beach, Kelowna Community Theatre, Prospera Place, Kelowna Yacht Club, and Kelowna's entire downtown district of restaurants, entertainment venues, and world-class shopping.

Investment Overview

1737 Pandosy Street is a unique and rare multifamily investment opportunity in Kelowna’s downtown core. The subject property consists of a condo building with 3 separate titles but operating as 4 individual units and a fourth title which is a .12 acre piece of adjoining land currently used as the property’s surface parking lot. This parcel offers further opportunity to redevelop, with plans in place for an additional condo tower. The condo building was substantially reconstructed in 2012 from the concrete shell and is currently being operated as a short-term rental business, with options of longer-term leases. Each suite is fully furnished, well-appointed, and completely self-contained offering a turn-key operation.

Exclusively Listed By

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