408 ROYAL AVENUE
Interior REALTORS® · V1Y5L3
$1,675,000
About this residence
COMPETIVELY PRICED! With only steps to the beach and the trendy Pandosy Village, this rare development site is strategically located directly across from the Kelowna General Hospital making it an impressive income producing or holding property opportunity. It offers an unparalleled opportunity for up to 16 to 20 high demand residential units, mixed commercial or medical/hospital related uses. The .2 acre corner lot is situated within the 400m TOA allowing for more buildable sqft and no parking required for residential developments. Current 5 bedroom/3 bathroom 2,300 sqft home. Be a part of the growing Kelowna Health District! (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Ownership
- Freehold
- Lot size
- 0.2
- Year built
- 1956
- Annual tax
- $5,062
- MLS®
- 10376446
- Board
- Interior REALTORS®
- Status
- Active
- Listed
- Feb 20, 2026
- Updated
- Feb 20, 2026
Features & finishes
Heating
- Forced air
Parking
- Carport
- Street
- Rear
- Additional Parking
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$7,834/mo
Loan amount
$1,340,000
Down payment
$335,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Interior REALTORS®
Nearby
About the area
Census · V1Y- 39,050
- Population
- 41
- Median age
- $70,000
- Median income
- $650,000
- Median home value
- 50%
- Home ownership
- 18 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 408 ROYAL AVENUE?
408 ROYAL AVENUE is listed for $1,675,000, in Interior REALTORS®.
What type of home is 408 ROYAL AVENUE?
408 ROYAL AVENUE is a Multi-family, Multi-Family, built in 1956.
How large is 408 ROYAL AVENUE?
The home offers a lot measuring 0.2.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $7,834. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,062 per year.
What is the Interior REALTORS® area like?
Interior REALTORS® has a population of about 39,050, a median age of 41, a 50% home-ownership rate, with an average commute of about 18 minutes.
What is the average home value in Interior REALTORS®?
The median dwelling value in this area is approximately $650,000, based on census data via Neighbourly.
What is the median household income in Interior REALTORS®?
The median household income in this area is approximately $70,000.
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Private viewings
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