$1,348,800
( $337.20Per Sq Foot )
 $7,241 est/mo Sourced by Back At You

730 Bernard Avenue,Kelowna, BC V1Y6P5

Kelowna, BC V1Y6P5

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Description

Fantastic Downtown Investment: Prime P2 Zoned Property, Income Potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is ripe with oppurtunity. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel with a proven revenue history. 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 corethis is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. GST is applicable (id:13843)

Details

MLS #10385536
Listing TypeFor Sale
StyleOther
StatusActive
Year1952
Days On Site29
Listing Provided ByEngel & Volkers Okanagan | Michal Gook

Features

SQ Feet4,000
Garage6
Acreage0.16

Exterior

Lot FeaturesLevel lot

Parking

Parking FeaturesDetached Garage
Parking Total6

Taxes

Tax Annual Amount10906.2

Area Information

ProvinceBC
CityKelowna
Postal CodeV1Y6P5
Listing VS Median (in V1Y6P5)
Price:
$1,348,800
low | high
Med:
$1,148,900
64.820581257414% of Average
sqft:
4,000
low | high
Med:
2,931
76.7375% of Average
$ / sqft:
$337
low | high
Med:
$424
24.38598873168% of Average
On site:
29
low | high
Med:
174
16.666666666667% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityKelowna
Postal CodeV1Y6P5
Listing VS Median (in V1Y6P5)
Price:
$1,348,800
low | high
Med:
$1,148,900
64.820581257414% of Average
sqft:
4,000
low | high
Med:
2,931
76.7375% of Average
$ / sqft:
$337
low | high
Med:
$424
24.38598873168% of Average
On site:
29
low | high
Med:
174
16.666666666667% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.11M - $1.686M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
730 Bernard Avenue Property Photo 1
$1,348,800
730 Bernard Avenue
Kelowna, BC V1Y6P5
Listing Updated: August 10, 2026 at 2:24:57 PM PDT