4 Bedrooms

2 Bathrooms

2,340 sqft

$969,000

Investor & Developer Alert! Prime UC5 Redevelopment Opportunity in Kelowna South. This 0.25-acre flat lot with laneway access is ideally located on a quiet cul-de-sac in one of Kelowna's most sought-after redevelopment areas. Zoned UC5, the property offers excellent potential for a fourplex, townhouse development, or low-rise apartment (subject to City of Kelowna approvals and lot size requirements). Just a 10-minute walk to schools, beaches, parks, shopping, and everyday amenities, the location is ideal for future residential development and highly desirable for tenants or owners alike. The existing 4-bedroom, 2-bathroom home provides strong holding or rental income while development plans are explored. The functional layout features two bedrooms on the main floor, plus two additional bedrooms and a spacious flex/great room in the basement, offering excellent flexibility for families, multi-generational living, or rental use. With strong redevelopment potential, a premium central location, and an existing home that can generate income, this property is an outstanding opportunity for investors, builders, and developers looking to capitalize on Kelowna South's continued growth. As an added bonus, the mature yard includes cherries, apples, pears, purple and golden plums, multiple varieties of grapes, and winter melon, creating a unique setting while you plan your next project. Give us a call today. (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10394163
  Property Type	Single Family
  Neigbourhood	Kelowna South
  AmenitiesNearBy	Park, Schools
  Features	Cul-de-sac, Level Lot, Irregular Lot Size
  ParkingSpaceTotal	2
  RoadType	Cul De Sac

• Building

  Bathroom Total	2
  Bedrooms Total	4
  Appliances	Refrigerator, Dishwasher, Dryer, Oven - Electric, Washer
  Basement Type	Partial
  Constructed Date	1974
  Construction Style Attachment	Detached
  Cooling Type	Central Air Conditioning
  Exterior Finish	Other
  Fireplace Fuel	Wood
  Fireplace Present	Yes
  Fireplace Total	2
  Fireplace Type	Conventional
  Heating Type	Forced Air, See Remarks
  Roof Material	Tar & Gravel
  Roof Style	Unknown
  Stories Total	2
  Size Interior	2,340 Sqft
  Type	House
  Utility Water	Municipal Water

  Parking

  Carport

• Land

  Acreage	No
  Land Amenities	Park, Schools
  Landscape Features	Level
  Sewer	Municipal Sewage System
  Size Frontage	49 Ft
  Size Irregular	0.25
  Size Total	0.25 Ac|under 1 Acre
  Size Total Text	0.25 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Bedroom			43'4'' x 43'0''
  Basement	Bedroom			34'4'' x 37'0''
  Basement	3pc Bathroom			24'8'' x 16'8''
  Basement	Laundry Room			29'8'' x 37'0''
  Basement	Great Room			51'5'' x 83'4''
  Main Level	Sunroom			81'8'' x 44'3''
  Main Level	Bedroom			34'8'' x 43'1''
  Main Level	Primary Bedroom			36'0'' x 36'1''
  Main Level	3pc Bathroom			35'1'' x 16'1''
  Main Level	Kitchen			35'6'' x 27'5''
  Main Level	Living Room			54'4'' x 47'7''
  Main Level	Dining Room			39'4'' x 36'1''