Great holding property with laneway access currently generating $4,000/ month in rent. With 5 bedrooms and 2 bathrooms, including the primary bedroom upstairs with ensuite and private balcony. Currently zoned MF1, but is located on the Richter Transit Supportive Corridor, meaning greater possible future development value through land assembly to accommodate up to approximately 6 storeys, and 1.8 FAR. Located within walking and biking distance of all downtown Kelowna has to offer, KGH and most importantly, THE BEACH!