Single Family
Rare redevelopment opportunity on a .30 acre corner lot in Kelowna South/Lower Mission, one of the city’s most sought-after neighborhoods. Just minutes from the beach, Okanagan College, Kelowna General Hospital, schools, shopping, and more, this location is unmatched. Currently zoned MF1 Infill Housing, the property permits up to 6 ground-oriented units, and City of Kelowna discussions suggest subdivision potential for two fourplexes (8 dwellings total). The existing home spans over 3,900 sq. ft. with 6 bedrooms, 4 bathrooms, soaring 16-ft ceilings, multiple kitchens, generous living spaces, and expansive decks—ideal for multi-generational living or revenue. Proven rental history includes $5,200+ per month and successful short-term rental returns. New roof in 2019. A flat corner lot with circular driveway, mature landscaping, and strong holding value with immediate revenue potential. Whether you plan to redevelop, subdivide, or hold as a unique income-producing residence, this is one of the last larger parcels in Kelowna South/Lower Mission. Family-friendly, walkable, and surrounded by schools, Guisachan Village, dining, and boutique shops—this property is a redevelopment gem with lifestyle appeal. Buyers to complete due diligence on subdivision and zoning applications. (id:6769)
Subarea
Kelowna South
Lot
0.3
Year Built
1971
Sewer
Municipal sewage system
Flooring
Carpeted,Ceramic Tile,Laminate,Wood
Room | Floor | Dimension |
---|---|---|
5pc Bathroom | Second level | 7'7'' x 7'9'' |
Bedroom | Second level | 15'1'' x 12'3'' |
Bedroom | Second level | 13'6'' x 12'3'' |
Bedroom | Second level | 12'4'' x 11'11'' |
5pc Ensuite bath | Second level | 8'11'' x 12'2'' |
Primary Bedroom | Second level | 18'7'' x 16'6'' |
Family room | Second level | 11'4'' x 27'11'' |
Partial bathroom | Main level | 8'9'' x 4'7'' |
3pc Bathroom | Main level | 12'2'' x 5'4'' |
Bedroom | Main level | 12'3'' x 8'8'' |
Laundry room | Main level | 12'3'' x 7'8'' |
Laundry room | Main level | 7'7'' x 7'4'' |
Bedroom | Main level | 12'3'' x 9'4'' |
Kitchen | Main level | 16'6'' x 9'2'' |
Kitchen | Main level | 22'11'' x 12'4'' |
Living room | Main level | 39'5'' x 28'0'' |
Ho Nguyen
(250) 870-1509
Royal LePage Kelowna
(250) 860-1100
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Listing data last updated date: 2025-09-12 03:53:27