Single Family
Incredible Value! $132K Under Assessment on .23-Acre Development Lot with Huge Potential Situated on the corner of Ethel Street and Saucier Avenue, this 0.23-acre property presents exceptional potential in one of Kelowna’s most dynamic growth corridors. With 71 feet of frontage on Ethel and 143 feet on Saucier, it offers prime visibility, easy access, and versatile design options—making it an ideal site for a multi-unit development under the city’s new zoning framework. Perfect for developers and investors alike, this property can accommodate up to 10 stacked townhome units on its own or serve as a strategic piece in a larger land assembly. Its central location—just minutes from downtown Kelowna, beaches, restaurants, and major transit routes—places it directly in the path of future growth and housing demand. For those seeking immediate use or income, the existing home offers strong potential to be fixed up and used as a rental or residence. Featuring 3 bedrooms and 1 bathroom on the main level, plus a partially finished basement with additional rooms and a workshop area, it’s a solid holding property with major upside. Whether you’re looking to develop, hold, or assemble, this rare corner lot represents an outstanding opportunity to invest in one of Kelowna’s fastest-evolving urban areas. (id:6769)
Subarea
Kelowna South
Lot
0.23
Year Built
1933
Sewer
Municipal sewage system
| Room | Floor | Dimension |
|---|---|---|
| Workshop | Basement | ' x ' |
| Recreation room | Basement | ' x ' |
| Bedroom | Basement | ' x ' |
| Bedroom | Basement | ' x ' |
| Bedroom | Main level | ' x ' |
| Bedroom | Main level | 10' x 10' |
| Living room | Main level | 18' x 10' |
| Kitchen | Main level | 10' x 10' |
| Full bathroom | Main level | Measurements not available |
| Primary Bedroom | Main level | 10' x 12' |
Chris Sereda
(250) 575-4804
Real Broker B.C. Ltd
(888) 828-8447
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2025-11-07 03:19:45
