730 Bernard Avenue, Kelowna

2025-10-03
 

Quick Summary

Location
730 Bernard Avenue, Kelowna, British Columbia V1Y6P5
Price
$1,488,900 CAD
Status:
For Sale
Property Type:
Other
Area:
4000 sqft
Year of Construction:
1950

MLS®#10364717

Property Description

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. Currently undergoing an update for the lower suites, main floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. It delivers an immediate return as a currently licensed, operating 12-room, 40-bed hostel with a proven revenue history prior to COVID-19. 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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Nearby, Airport

Building

  • Cooling Type: Window air conditioner
  • Exterior Finish: Stucco
  • Fireplace: No
  • Interior Size: 4000 sqft
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Features

  • Feature: Level lot

Land

  • Land Size: 0.16 ac|under 1 acre
  • Sewer: Municipal sewage system

Information entered by Engel & Volkers Okanagan
Listing information last updated on: 2025-11-12 19:32:17


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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Yes, and yes.


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Glen MacKenzie REALTOR®. Member of The Canadian Real Estate Association & more

Phone:
(250) 870-4536
Mobile:
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Email:
onepercentglen@shaw.ca
Support Area:
Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland

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DONNA FULLER REALTOR® - Associate Broker

Phone:
604-683-1393
Email:
donnafullerREALTOR@gmail.com
Support Area:
KELOWNA, KELOWNA DOWNTOWN, KELOWNA SOUTH, KELOWNA NORTH, SOUTH EAST KELOWNA, LOWER MISSION, UPPER MISSION, KETTLE VALLEY, CRAWFORD ESTATES, SPRINGFIELD SPALL, DILWORTH MOUNTAIN, WILDEN, RUTLAND, JOE RICH, BLACK MOUNTAIN, UNIVERSITY DISTRICT, LAKE COUNTRY, WINFIELD, ELLISON

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