Follow Us On

2220 Burnett Street, Kelowna

Property Description

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:43014)

Share this Listing:

Full Address:
2220 Burnett Street, Kelowna, British Columbia
Price:
$ 1,049,000
MLS Number:
10339669
List Date:
March 20th, 2025
Neighbourhood:
Kelowna South
Lot Size:
0.19 ac
Year Built:
1963
Taxes:
$ 5,802

Property Details

Bedrooms:
5
Bathrooms:
3
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, See remarks
Heating:
See remarks
Fireplaces:
1
Fireplace Type:
Wood, Conventional

Interior Features

Architectural Style:
Ranch
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Garage:
Other, Additional Parking
Garage Spaces:
9
Ownership Type:
Freehold
Taxes:
$ 5,802

Building Features

Finished Area:
2376 sq.ft.

Floors

View:
Mountain view
Lot Size:
0.19 ac
Water Frontage Type:
Other

Land

Neighbourhood Features

Ratings

Commercial Info

Loading Neighbourhood Information...

Neighbourhood Details

powered by Ratehub.ca

Mortgage Calculator

View On Map

Agent: Krista SucharOffice: RE/MAX Kelowna

Schedule a Viewing

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 […]
Send us a Message
2220 Burnett Street, Kelowna

Kelowna South

Central location, inviting atmosphere, and a variety of real estate options make Kelowna South one of the most sought-after neighbourhoods in all of Kelowna. Beaches, greenspaces, restaurants, entertainment, schools, you name it and you can find it in this historic Kelowna Neighbourhood, usually within walking distance!

Learn More

Similar Listings

Copyright ©2025 RE/MAX Kelowna Stone Sisters Real Estate | Legal Sitemap |
Subscribe to our Newsletter
crosscross-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram