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Lot 7-2220 Burnett Street | $1,149,000
Steve Herman Agent Photo
Steve Herman
Steve Herman
C. (250) 319-3322
 P. (250) 374-1461
 Phone Steve hermanonhomes.ca
ROYAL LEPAGE WESTWIN REALTY
800 Seymour Street
 Kamloops, BC
 Canada V2C 2H5

Details

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Years



Address 2220 Burnett Street
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,149,000
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms3
Half Baths0
Floor Space2376 Square Feet
Lot Size0.19 Acres
WaterfrontNo
Year Built1963
Taxes $5,802
Tax Year2023
MLS® #10339669

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!

Listed by RE/MAX KELOWNA

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