Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property is a developer's dream. It delivers immediate return as a currently licensed, operating 12-room 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 core—this is the definitive opportunity to capitalize on a property with both turnkey income and unparalleled development flexibility. (id:2493)
Property Type:
Other
Total Living Area:
4,000 sq. ft.372 m2
Zoning:
Unknown
Community:
Kelowna North
Exterior Features:
Stucco
Security Features:
Security, Sprinkler System-Fire, Smoke Detector Only
Data was last updated October 4, 2025 at 07:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$786,500
Min list price:
$675,000
Max list price:
$8,850,000
Avg days on market:
59
Min days on market:
2
Max days on market:
176
Avg price per sq.ft.:
$326.66
These statistics are generated based on the current listing's property type
and located in
Kelowna North. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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