Don Rae Realtor


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  • 3343 Gordon Drive Kelowna V1W3M9

    Price : $899,000 Listing ID : 10363346
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2606 sqft
    Built in : 1987 Total Parking Spaces : 2
    Exceptional Investment/Development Opportunity in Lower Mission: This is the most affordable 4-bedroom property in Lower Mission, offering an excellent opportunity for both investors and developers. Situated on a prime corner lot, this property features a spacious layout across multiple levels: Upper Level: 3 generous bedrooms and 2 bathrooms. Main Level: Expansive living areas, a well-appointed kitchen, and a dining space. This level also includes a 4th bedroom, ideal for flexible living arrangements. Basement: Unfinished and awaiting your creative vision. The basement currently has no external exit, but one can easily be added. Water and power are already available, making it ready for your plans. Built in 1987 by a German builder for himself, the home is in solid condition and boasts high-quality construction. However, if you prefer to explore redevelopment options, the property is zoned MF1, which allows for up to 6 units. Draft development plans are available in the supplement section. This property is just 700 meters from Okanagan College, making it an ideal candidate for student accommodation, with the potential to generate $5,000 per month in rental income (current tenants are two single renters). This makes it a cash flow-positive rental property with great income potential and CAP. Additional Notes: All measurements are approximate. Please verify if important. Next Door Neighbour will consider selling for land assembly. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : Schools, Shopping Access : Easy access, Highway access Appliances Inc : Refrigerator, Range - Electric
    Community Features : Family Oriented Features : Level lot Structures : -
    Total Parking Spaces : 2 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Other Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : Wood Fireplace Type : Conventional
    Floor Space : - Flooring : Laminate Foundation Type : -
    Heating Fuel : - Heating Type : Forced air Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : - Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : Level
    Rooms
    Level : Type : Dimensions :
    Main level 3pc Bathroom 6' x 6'6''
    Dining room 10' x 8'
    Family room 13' x 16'
    Foyer 6' x 7'
    Kitchen 7' x 11'
    Laundry room 6' x 8'
    Living room 12' x 15'
    Primary Bedroom 10' x 10'
    Second level 3pc Bathroom 10' x 10'
    3pc Bathroom 5' x 7'
    Bedroom 10' x 10'
    Bedroom 9' x 9'
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.