Presenting an enticing investment prospect, this property offers a five-bedroom, two-bathroom home with a suite, ideally situated in the heart of Kelowna. Its prime location near Kelowna General Hospital, easy access to the Pandosy cultural district and downtown Kelowna by bike make it even more appealing. The property has been impeccably maintained over the years, boasting noteworthy upgrades such as a new 40-year-old rubber roof installed in 2012, modern bathroom fixtures, kitchen amenities, windows, and exterior stucco. Situated on an RU4 lot, this property provides the advantage of a separate suite with its own laundry facilities. Moreover, it offers ample parking space, a fenced yard, and laneway access, ensuring convenience and privacy. The combination of these features makes it an excellent opportunity for both holding as an investment and considering future development possibilities. The city has indicated a potential future use as C-HTH.