Area: British Columbia
Advertise With UsSitemap
Offering strong rental income and future redevelopment potential, this property is an excellent investment opportunity. The land is already zoned to accommodate up to 6 townhouses and is located on a quiet street close to all that the South Pandosy neighbourhood has to offer—shopping, restaurants, beaches, schools, H2O Centre, public transit, and much more. Higher floors will enjoy beautiful pastoral views in almost every direction and will aid any future development in being a big success! Good rental revenue ensures that you can continue to rent out the property until the timing is right to redevelop or cash out. The increased Property Transfer Tax Exemption on new construction means that a buyer can now purchase an $850k townhouse with only $60k down if they are eligible for the GST and PTT exemptions. Furthermore, the latest change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being only $3.5k/mo (assuming a 3.09% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the extensive street frontage of this lot provides considerable flexibility to realize your own development vision. (id:44056)

Property Details

Full Address:
3339 Bothe Road, Kelowna, British Columbia
Price:
$ 850,000
MLS Number:
10353132
List Date:
June 20th, 2025
Lot Size:
0.16 ac
Year Built:
1967
Taxes:
$ 4,587

Interior Features

Bedrooms:
6
Bathrooms:
3
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Flooring:
Laminate, Ceramic Tile
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Basement:
Full

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco, Wood siding
Garage:
Attached Garage, Additional Parking
Garage Spaces:
5
Ownership Type:
Freehold
Taxes:
$ 4,587

Floors

Finished Area:
2451 sq.ft.

Land

View:
Mountain view, Valley view, View (panoramic)
Lot Size:
0.16 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

Mortgage Calculator

powered by Ratehub.ca
Kattlin Stass Century 21 Assurance Realty Ltd
 250-515-2649
Request Listing Info
  • This field is for validation purposes and should be left unchanged.
  • This field is hidden when viewing the form

Is this your listing?Advertise With Us!

Listing Agent(s)

Listing: Kattlin Stass
Century 21 Assurance Realty Ltd

Similar Listings

Copyright © Real Estate Guide 2021 | Legal | Sitemap
Area Modal Trigger
X