BC > Kelowna > Springfield-Spall
Kelowna, BC V1W3M3,3339 Bothe Road
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Kelowna, BC V1W3M3,3339 Bothe Road,Video Tour
Kelowna, BC V1W3M3,3339 Bothe Road
Kelowna, BC V1W3M3,3339 Bothe Road
Kelowna, BC V1W3M3,3339 Bothe Road
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Mathieu Bedard *PREC

Mathieu Bedard *PREC

+1(250) 275-4870
$ 900,000
Est. payment /mo
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3339 Bothe Road Kelowna, BC V1W3M3

6 Beds

3 Baths

2,451 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,451 sqft

Price per Sqft $367

Subdivision Springfield/Spall

MLS® Listing ID 10353132

Bedrooms 6

Year Built 1967

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

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:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 2.0

Extra Room 1 Basement 6'7'' x 7'3'' Full bathroom

Extra Room 2 Basement 8'1'' x 10'9'' Bedroom

Extra Room 3 Basement 11'0'' x 10'10'' Bedroom

Extra Room 4 Basement 13'3'' x 10'7'' Kitchen

Extra Room 5 Basement 9'7'' x 11'2'' Dining room

Extra Room 6 Basement 17'2'' x 10'10'' Living room

Interior

Heating Forced air, See remarks

Cooling Central air conditioning

Flooring Ceramic Tile, Laminate

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

View Y/N Yes

View Mountain view, Valley view, View (panoramic)

Roof Type Unknown

Total Parking Spaces 5

Private Pool No

Building

Lot Description Landscaped, Level

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Century 21 Assurance Realty Ltd

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agent

Mathieu Bedard *PREC

Agent / Team Leader | License ID: 1240875

+1(250) 275-4870

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3339 Bothe Road