730 Bernard Avenue - Photo 1 of 42, Kelowna, British Columbia
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$1,488,900

730 Bernard Avenue — Kelowna, British Columbia

V1Y6P5

10Beds
3Baths
4,050Sq Ft
6Parking
1950Built

About This Property

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. 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:63357)

Property Location

Property Details

Property Type
Detached
Bedrooms
10
Bathrooms
3
Half Baths
1
Living Area
4,050 sqft
Year Built
1950
Stories
3.0
Status
Active

Location & Neighborhood

What's nearby 730 Bernard Avenue

Lifestyle Summary

At 730 Bernard Avenue, your daily routine begins with a quick stroll to catch the transit at Bernard at Richter, just a minute away. Whether you're commuting to work or heading out for a weekend adventure, this convenient access to public transportation makes getting around Kelowna a breeze. For those who prefer a leisurely morning, consider a short walk to The Nook Cafe + Bar, located just three minutes from your front door, where you can savor freshly brewed coffee and a delicious breakfast before starting your day. Your lunchtime options are abundant and just steps away. In only four minutes, you can indulge in the comforting flavors of Kinton Ramen or grab a quick bite at the Mad Mango Café. For a lighter option, the Naked Cafe offers a variety of fresh and healthy meals to fuel your afternoon. Imagine meeting friends for lunch at Dosa Crepe Café, just five minutes from home, where you can enjoy a savory crepe in a relaxed atmosphere. The proximity to these eateries transforms every meal into a delightful culinary experience. When it comes time to unwind, you have an array of parks at your fingertips. A mere four-minute walk brings you to Knowles Heritage Park, perfect for a morning jog or an afternoon picnic. If you're looking for a bit more activity, Martin Park is just six minutes away, offering spacious green areas to relax or engage in sports. For a scenic stroll or a sunset view, head to Stuart Park, a nine-minute walk, where you can embrace the beauty of the Okanagan. The soothing atmosphere of Waterfront Park, only 13 minutes from home, invites you to savor the lakeside views while enjoying the fresh air. As the day winds down, your evenings can be spent exploring the vibrant dining scene. Soban Korean Bistro and Blend Bites Kelowna, both within a four-minute walk, provide fantastic options for dinner. Afterward, why not grab a treat from Starbucks, just five minutes away, to enjoy as you unwind at home? Living at 730 Bernard Avenue means embracing a lifestyle filled with culinary delights, outdoor beauty, and effortless transit access, creating a truly enriching daily experience.

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Health

Shopping

Dining

POI data updated recently

Kelowna Market Snapshot

1,663

Active Listings

$800K

Median Price

0

Avg Days on Market

Last updated: Nov 12, 2025

Listed by

Engel & Volkers Okanagan

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$1,488,900
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Oakwyn Realty Ltd.

Search Listings Online Inc.

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