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1942 Mcdougall Street, Kelowna, British Columbia V1Y 1A2

5 Bedroom 6 Bathroom 2200 sqft
Fireplace Central Air Conditioning Garden Area

$1,795,000

Location, Location, Location in this fully licensed downtown 5 bed/5 bath B&B next to public beach access. Bye the Bridge B&B features 4 rentable rooms with private baths. Main floor living area for owner /operator with large kitchen, dining area, living room and large bedroom. Large windows allow all the Okanagan sunshine to pour in. Three gas fire places and large cathedral entry with Double garage and ample parking. Home has been modified since original plan to allow for B&B. All measurements are approximate and taken from original plan before modifications were made. B&B generates over 70,000.00 thousand per year ( approximately a 4% Cap rate ) operating seasonally. There is much more upside here if you wanted to operate B&B year round. Substantial growth in Kelowna, in particular of the University, Kelowna General Hospital and Interior Health has increased the revenue potential particularly as there is now year around demand for accommodation. In particular the hospital, which has become a full regional facility which includes a cancer clinic, is only a 10 minute walk away. Demand for rooms 12 months a year by patients and their families is a reality. Home is presently being renovated with new flooring and expanded rooms as well as all new plumbing installed recently. Renovation work to be completed soon as well as new landscaping to be done soon. (id:38892)

Property Details

MLS® Number 10229107
Property Type Single Family
Neigbourhood Kelowna South

Building

Bathroom Total 6
Bedrooms Total 5
Appliances Dryer - Electric, Refrigerator, Washer, Range - Electric, Dishwasher, Microwave, Hot Tub
Basement Development Unknown
Basement Type Crawl Space (unknown)
Constructed Date 1990
Cooling Type Central Air Conditioning
Exterior Finish Stucco
Fire Protection Smoke Detectors
Fireplace Fuel Gas
Fireplace Present Yes
Fireplace Type Conventional
Flooring Type Ceramic Tile, Carpeted, Vinyl
Foundation Type Concrete
Half Bath Total 2
Heating Fuel Electric, Natural Gas
Roof Material Asphalt Shingle
Roof Style Conventional
Size Interior 2200 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Fence Type Fence
Landscape Features Garden Area
Sewer Municipal Sewage System
Size Irregular 0.11
Size Total 0.11 Ac|under 1 Acre
Size Total Text 0.11 Ac|under 1 Acre

Rooms

Level Type Dimensions
Second Level Primary Bedroom 12 ft x 18 ft
Second Level Full Ensuite Bathroom 6 ft x 8 ft
Second Level Bedroom 12 ft x 10 ft
Second Level Bedroom 12 ft x 11 ft
Second Level Full Bathroom 5 ft x 8 ft
Second Level Full Bathroom 4 ft x 5 ft
Main Level Bedroom 15 ft x 12 ft
Main Level Bedroom 14 ft x 12 ft
Main Level Kitchen 13 ft x 11 ft
Main Level Living Room 12 ft x 14 ft
Main Level Full Bathroom 5 ft x 5 ft
Main Level Laundry Room 8 ft x 8 ft
Main Level 2pc Bathroom 3 ft x 6 ft
Main Level 2pc Bathroom 4 ft x 4 ft

https://www.realtor.ca/real-estate/23021534/1942-mcdougall-street-kelowna-kelowna-south

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