Great RM3 redevelopment opportunity, with short-term holding revenue in the Bankhead area of Kelowna. Large corner lot, .23 acres, flat & rectangular with zoning and development permit in place for a large fourplex. Convenient Bernard Ave location is central, close to an abundance of amenities and only minutes from downtown.
Current 2,031 SF home has two rental units (legal), one up and one down each with 2 bedrooms and a bathroom each. Each unit is completely self-contained, with long-term tenants in place and generates rental income. Property is located in a great family-oriented area near schools and parks.
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