Opportunity in one of Kelowna’s most sought-after locations. This MF4-zoned property at 471 Cadder Ave offers strong holding value with future development potential, complete with desirable corner positioning and lane access. Set on a 0.15-acre lot, this 1,800+ sq ft home provides flexibility for investors looking to generate income now while planning for what’s next. The home features 2 bedrooms and 3 bathrooms, with a layout that lends itself well to a potential suite thanks to a separate entrance. Key mechanical updates include a furnace (5 years), hot water tank (8 years), and a roof approximately 10 years old—giving confidence for the years ahead. The location is where this property truly stands out. Just a short walk to Abbott Street, Okanagan Lake, and nearby parks, this is a highly desirable area for both tenants and future redevelopment. With a walk score of 81 and a bike score of 92, getting to downtown Kelowna is quick and effortless by bike or e-scooter. Whether you’re looking to hold, rent, or explore development potential, this is a rare opportunity to secure a prime piece of land in a location that continues to see strong demand. (id:64133)
| MLS® Number | 10384577 |
| Property Type | Single Family |
| Neigbourhood | Kelowna South |
| AmenitiesNearBy | Public Transit, Park, Recreation, Schools, Shopping |
| CommunityFeatures | Family Oriented |
| Features | Level Lot, Private Setting, Jacuzzi Bath-tub |
| ParkingSpaceTotal | 3 |
| ViewType | Mountain View, View (panoramic) |
| Bathroom Total | 3 |
| Bedrooms Total | 2 |
| Appliances | Refrigerator, Dishwasher, Dryer, Range - Electric, Washer |
| Basement Type | Partial |
| Constructed Date | 1950 |
| Construction Style Attachment | Detached |
| Exterior Finish | Wood Siding |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Fireplace Type | Insert |
| Flooring Type | Hardwood |
| Half Bath Total | 1 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Forced Air, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 3 |
| Size Interior | 1,803 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Additional Parking | |
| Detached Garage | 1 |
| Other | |
| Rear |
| Access Type | Easy Access |
| Acreage | No |
| Fence Type | Chain Link, Fence |
| Land Amenities | Public Transit, Park, Recreation, Schools, Shopping |
| Landscape Features | Landscaped, Level |
| Sewer | Municipal Sewage System |
| Size Frontage | 99 Ft |
| Size Irregular | 0.15 |
| Size Total | 0.15 Ac|under 1 Acre |
| Size Total Text | 0.15 Ac|under 1 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Ensuite Bath | 6'11'' x 7' | ||
| Second Level | Primary Bedroom | 13'6'' x 19'8'' | ||
| Second Level | Storage | 3'1'' x 3'11'' | ||
| Lower Level | 2pc Bathroom | 5'3'' x 5'8'' | ||
| Lower Level | Kitchen | 9'7'' x 12'1'' | ||
| Lower Level | Recreation Room | 12'9'' x 19' | ||
| Main Level | 4pc Bathroom | 6'6'' x 6'4'' | ||
| Main Level | Bedroom | 9'8'' x 11'7'' | ||
| Main Level | Laundry Room | 5'8'' x 11'7'' | ||
| Main Level | Living Room | 12'5'' x 15'6'' | ||
| Main Level | Office | 9'10'' x 7'10'' |