Property Description
ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential when combined with the adjoining properties at 530 & 540 Patterson (MLS# 10313190 & 10313085), totaling 0.46 acres of development-ready land. Currently zoned MF1 within the C-NHD, this site sits on the transit corridor—making it ideal for MF3 zoning and a potential six-storey apartment development. The City of Kelowna has recently installed new sewer lines along the alley, further enhancing development readiness. In the meantime, both the main home and carriage home offer strong rental income potential, making this an excellent holding property. Alternatively, the lot could support a townhome development, following the successful projects nearby. Don’t miss this rare opportunity to secure a key parcel in one of Kelowna’s most promising urban growth areas! (id:6770)
Overview
Price
$
1,349,000
MLS #
10368915
Age
1947
Size
2344 sqft
Lot Size
0.18
acres
Bedrooms
5
Bathrooms
4
Exterior
Stucco
Appliances
Dishwasher, Dryer, Range - Electric, Washer
Water
Municipal water
Sewer
Municipal sewage system
Flooring
Hardwood, Laminate, Tile
Property Type
Single Family
Roof
Unknown
Local Amenities
Park, Recreation, Schools, Shopping
Stories
1.5
Listing Office
Royal LePage Kelowna
Fourth level
Bedroom
9'1'' x 11'4''
Bedroom
11'7'' x 12'1''
4pc Bathroom
Measurements not available
Main level
Workshop
10'1'' x 13'4''
Other
8'11'' x 13'4''
Storage
6'5'' x 8'2''
Living room
14'1'' x 16'9''
Laundry room
5'2'' x 6'9''
Kitchen
8'10'' x 13'3''
Dining room
5'6'' x 8'6''
Bedroom
8'9'' x 12'0''
Bedroom
9'7'' x 12'4''
4pc Bathroom
Measurements not available
Second level
Primary Bedroom
11'2'' x 23'11''
3pc Bathroom
Measurements not available
Third level
Living room
12'3'' x 23'1''
Kitchen
9'10'' x 11'6''
2pc Bathroom
Measurements not available
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