2220 Burnett Street Kelowna, BC V1Y 2T6
Listing Courtesy of:  CREA / Re/Max Kelowna

  2220 Burnett Street Kelowna, BC V1Y 2T6

Active (174 Days)
$1,049,000
5
BED
3
BATH
2,376
SQFT
See Similar Listings

Description

ATTN INVESTORS!! This 68' x 120' lot in the heart of Kelowna South offers a fantastic development opportunity in one of the city’s most sought-after locations. Just a short walk to Kelowna General Hospital, Lake Okanagan's beautiful beaches & Pandosy Village. Ideally positioned for investors, developers, or those looking for strong rental income potential. With new provincial zoning legislation, this property presents multiple options, including a luxury duplex, fourplex, or potential sixplex. The existing home is uniquely positioned at the front of the lot, allowing for future development at the rear while maintaining rental income. The home features THREE SEPARATE LIVING SPACES, maximizing earning potential with a combined rental income of up to $5,500+ per month. Main residence: 1,222 sq. ft. with 3 bedrooms, 1 bathroom, a spacious living and dining area, kitchen, laundry, and access to a deck overlooking the backyard. Two-bedroom suite: 711 sq. ft. with a private entrance and shared laundry. Studio suite: 215 sq. ft. with its own private entrance. This neighborhood is rapidly evolving, with new developments reshaping the area. Whether you're looking to hold and generate rental income or redevelop for maximum returns, this property is an excellent opportunity in a high-demand location. Call NOW to arrange your private tour, this property will not last! (id:41440)

MLS®:
10339669
Lot Size
8,276 SQFT
Type
Single-Family Home
Year Built
1963
Style
Ranch
Views
Mountain View
County
Central Okanagan

Listed By

Krista Suchar, Re/Max Kelowna
Source
CREA
Last checked Sep 10 2025 at 10:46 PM PDT
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Range - Electric
  • See Remarks
Property Features
  • Fireplace: Conventional
  • Fireplace: Total: 1
  • Fireplace: Wood
Heating and Cooling
  • See Remarks
Exterior Features
  • Roof: Unknown
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 9
  • Other
Stories
  • 2
Living Area
  • 2,376 sqft
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 18, 2025
Price Changed
$1,049,000
-9%
-100,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 9/10/25 15:46

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