About This Home

This 10-bedroom, 3-bathroom single family at 730 Bernard Avenue in Kelowna, BC is listed for $1,488,900 ($368 per sqft). Built in 1950, the home offers 4,050 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1950
  • 0.16 acre lot
  • 6 parking spaces

Property Details

2 full, 1 half
6 spaces
1950

Amenities

View
Listing Description

Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income potential! 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. The potential for a solid return on investment 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 or 4-story development flexibility.

Monthly Cost Estimate

$7,963/mo

20% down · 6.5% · 30 years

Principal$1,077
Interest$6,452
Insurance$434

Estimates only. Actual payments may vary.

Location

730 Bernard Avenue

Kelowna, BC V1Y 6P5

Features & Amenities

Exterior Features

Garden

Property Details

Flooring

LaminateTile

Views

City

Parking

Garage

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

RangeRefrigerator

Questions & Answers

This 10-bedroom, 3-bathroom single family at 730 Bernard Avenue is listed at $1,488,900 ($368/sqft). The estimated monthly payment is $7,963 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.16 acre lot, 6 parking spaces. Exterior Features: Garden.

This property is listed by Michal Gook.

MG

Michal Gook

Agent at Engel & Völkers Okanagan

Listed by Engel & Völkers Okanagan · Broker phone: 7784789300 · View on Broker Site · Broker website

MLS# 10366465· Source: Engel & Völkers· 12 days on PropertySimple

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

730 Bernard Avenue, Kelowna, BC V1Y 6P5

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