730 BERNARD AVENUE
Interior REALTORS® · V1Y6P5
$1,488,900
About this residence
Fantastic Downtown Investment: Prime P2 Zoned Property with Immediate Income! 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. It delivers an immediate return 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 unparalleled development flexibility. (id:61366)
Property details
- Property type
- Other
- Style
- Residential Commercial Mix
- Living area
- 4,000 sq ft
- Lot size
- 0.16
- Frontage
- 50 feet
- Parking
- 8 spaces
- Year built
- 1950
- MLS®
- 10364717
- Board
- Interior REALTORS®
- Status
- Active
- Listed
- Oct 2, 2025
- Updated
- Nov 12, 2025
Features & finishes
Heating
- Forced air
- See remarks
Cooling
- Window air conditioner
Exterior
- Stucco
Parking
- Detached Garage
Lot
- Level lot
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$6,963/mo
Loan amount
$1,191,120
Down payment
$297,780
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 730 BERNARD AVENUE?
730 BERNARD AVENUE is listed for $1,488,900, in Interior REALTORS®.
What type of home is 730 BERNARD AVENUE?
730 BERNARD AVENUE is a Other, Residential Commercial Mix, built in 1950.
How large is 730 BERNARD AVENUE?
The home offers approximately 4,000 sq ft of living space on a lot measuring 0.16.
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 $6,963. Use the mortgage calculator above to model your own scenario.
Is there parking?
Yes — 730 BERNARD AVENUE includes 8 parking spaces.
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.
Similar residences
Comparable Residential Commercial Mix near Interior REALTORS® at a similar price.
Private viewings
Arrange a private viewing of 730 BERNARD AVENUE.
Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.