730 Bernard Avenue, Kelowna
Fantastic Downtown Investment: Prime P2 Zoned Property, income potential! Positioned in an A+ central location within Kelowna’s flourishing business and tourism district, this strategic property. Currently undergoing an update to the lower suites, main-floor bathrooms, and main leveling floor. This is a great bonus for anyone taking advantage of this great property. This can deliver a return on investment as a currently licensed and operating 11-room, 40-bed hostel. 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. Currently, a 4-story apartment complex is easy to build. GST is applicable. (id:1945)
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Property details for 730 Bernard Avenue, Kelowna
- Type
- Commercial
- Living Area
- 4,000 square feet
- Lot Size
- 0.16
- Parking
- Detached Garage
- Heating
- Forced air, See remarks
- Cooling
- Window air conditioner
- Exterior
- Stucco
Nearby Listings Stat
Estimated price and comparable properties near 730 Bernard Avenue
Active Listings
594
Min Price
$69,900
Max Price
$9,900,000
Avg Price
$968,211
Days on Market
112
days
Sold Listings
129
Min Sold Price
$100,000
Max Sold Price
$4,750,000
Avg Sold Price
$879,028
Days until Sold
120
days
Neighbourhood Census Data
Kelowna, British Columbia / Colombie-Britannique
Population
637
Median Age
35.9
Median Income
$35,968
Dwelling Value
$401,156
Housing Tenure
Owners 40%
Renters 60%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 3,576.6/km²
Avg Shelter Cost: $1,181/mo
Owners with Mortgage: 64.3%
Owners Spending 30%+: 35.7%
Tenants Spending 30%+: 37.5%
English only: 90.6%
English and French: 10.2%
Median Household Income: $66,816
Median Employment Income: $33,856
Price History
Listed
October 2, 2025
by Engel & Volkers Okanagan
Current Price
$1,348,800
-9.4% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,348,800 | $140,100 (-9.4%) |
| Aug 10, 2026 | $1,488,900 | Listed |
