Investor and Developer Alert!!! Build your vision in Kelowna South! Set on a quiet cul-de-sac in one of Kelowna's most sought-after redevelopment areas, this flat 0.25-acre property combines UC5 zoning, laneway access, and a prime central location. Explore the potential for a fourplex, townhomes, or a low-rise apartment building, subject to City of Kelowna approvals and lot size requirements. Schools, beaches, parks, shopping, and everyday conveniences are all within a 10-minute walk, offering an appealing location for future owners and tenants. The existing 4-bedroom, 2-bathroom home offers holding and rental income potential while you explore development plans. Two bedrooms on the main floor, two additional bedrooms downstairs, and a spacious basement flex/great room create a versatile layout suited to families, multi-generational living, or rental use. The mature yard adds a distinctive touch, with cherries, apples, pears, purple and golden plums, several varieties of grapes, and winter melon to enjoy while planning your next project. With redevelopment possibilities, income potential, and a desirable Kelowna South address, this is an exciting opportunity for investors, builders, and developers to be part of the neighbourhood's continued growth. Call us today for more information! (id:13843)
| MLS # | 10403874 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1974 |
| Days On Site | 20 |
| Listing Provided By | Coldwell Banker Horizon Realty | Ian Watson |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,340 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.25 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, See remarks |
| Appliances | Washer, Refrigerator, Oven - Electric, Dishwasher, Dryer |
| Fireplace Yes / No | Yes |
| Fireplace Features | Wood, Conventional |
| Fireplaces Total | 2 |
| Roof | Tar & gravel, Unknown |
|---|---|
| Lot Features | Cul-de-sac, Level lot, Irregular lot size |
| Parking Features | Carport |
|---|---|
| Parking Total | 2 |
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 4568.02 |
|---|
| Province | BC |
|---|---|
| City | Kelowna |
| Postal Code | V1Y2V1 |
| Listing VS Median (in V1Y2V1) | |
Price: $924,900 low | high Med: $694,900 sqft: 2,340 low | high Med: 1,588 $ / sqft: $395 low | high Med: $476 On site: 20 low | high Med: 43 | |
| Province | BC |
|---|---|
| City | Kelowna |
| Postal Code | V1Y2V1 |
| Listing VS Median (in V1Y2V1) | |
Price: $924,900 low | high Med: $694,900 sqft: 2,340 low | high Med: 1,588 $ / sqft: $395 low | high Med: $476 On site: 20 low | high Med: 43 | |