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$900,000

1947/1949 Burtch Road, Kelowna, British Columbia, V1B 4B4

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MLS® # 10338095

5 Beds

3 Baths

2225 FEETSQ sqft

Property Information:

Unlock the potential of this versatile property in Kelowna, designed to support both immediate rental opportunities and extensive development. Zoned UC2 within the 2040 OCP's Capri Core neighbourhood, this site is approved for up to 12-storey developments, offering a remarkable chance for growth. First-time buyers will find this property especially attractive due to its dual-suite configuration—featuring a legal 3-bedroom suite upstairs and a 2-bedroom suite downstairs—providing a valuable mortgage helper. This setup not only helps in managing mortgage payments but also in building equity while planning future developments. The property promises reliable income generation, making it an excellent buy-and-hold opportunity. Buyers should verify with the city to ensure the property suits their specific needs. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Construction Style - Attachment: Detached
  • Floor Space: 2225 sqft
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5
  • Bathrooms: 3
  • Built in: 1940
  • Floor Space (approx): 2225 Square Feet
  • Surface Water: Creeks
  • WaterFront Type: Waterfront on creek
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • No. of Parking Spaces: 4

Rooms:

  • Living 2nd Level 15'1'' x 14'1''
  • Dining 2nd Level 10'2'' x 10'8''
  • Bedroom 2nd Level 11'4'' x 12'
  • Primary Bedroom 2nd Level 12'3'' x 12'1''
  • Kitchen 2nd Level 11'3'' x 12'2''
  • Bedroom 2nd Level 7'2'' x 12'1''
  • Bathroom 2nd Level 9'4'' x 7'4''
  • Storage Main Level 3'1'' x 12'7''
  • Utility Main Level 4'10'' x 10'2''
  • Living Main Level 13'2'' x 14'1''
  • Kitchen Main Level 14'10'' x 12'5''
  • Bedroom Main Level 16'3'' x 12'2''
  • Bathroom Main Level 6'2'' x 7'4''
  • Storage Main Level 3'1'' x 12'10''
  • Primary Bedroom Main Level 12'9'' x 14'1''
  • Laundry Main Level 6'2'' x 2'8''
  • Dining Main Level 10'10'' x 7'3''
  • Bathroom Main Level 5'4'' x 7'11''

Courtesy of: RE/MAX Kelowna

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Location of 1947/1949 Burtch Road, Kelowna, British Columbia, V1B 4B4

Demographic Information of 1947/1949 Burtch Road, Kelowna, British Columbia, V1B 4B4

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$98,897.36

Average Number of Children

1.34

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.8 %

High school certificate or equivalent

30.54 %

Apprenticeship trade certificate/diploma

12.82 %

College/non-university certificate

21.79 %

University certificate (below bachelor)

2.53 %

University Degree

20.51 %

Commuter

Travel To Work

By Car

79.57 %

By Public Transit

4.92 %

By Walking

6.64 %

By Bicycle

2.71 %

By Other Methods

6.16 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.84 %

Houses

90.16 %

Own Vs. Rent