A rare and attractive offering in one of Kelowna's most sought-after neighborhoods. This property is zoned RU6B, located steps to the lake, vibrant Pandosy Village, the general Hospital, schools and more. The residence boasts no shortage of parking, with private outdoor space and an in-law suite. Previously used as a seniors establishment, the floorplan includes 12 bedrooms (all with an ensuite) 14 bathrooms total, a commercial-style kitchen, and many multi-functional areas to customize to your wants & needs. A blank canvass ready for your ideas and entrepreneurism- this would be a great option for a multi-generational family, a hostel, an independent living establishment or many other business opportunities and options in a well-established neighborhood. The current zoning on this prime, flat .2 acre 85' X 100' lot allows for a bed-and-breakfast, boarding or lodging house, group home, child care, a home-based business and more.