ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential. Currently zoned MF1 within the C-NHD allowing for a townhome development. This lot is oversized at 70' wide X 113' deep & has alley access. 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 making this an excellent holding property. Currently generating $5200/mo in rental income. Main Home is 3Bed / 2bath @ 1373sqft /Carriage Home is 2Bed / 2bath @ 971sqft. This is a must see! (id:4069)
Address
550 Patterson Avenue
List Price
$1,349,000
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
5
Bathrooms
4
Floor Area
2,344 Sq. Ft.
Lot Size
0.18 Ac.
Year Built
1947
MLS® Number
10368915
Listing Brokerage
Royal LePage Kelowna
Basement Area
Crawl space
Postal Code
V1Y5C6
Site Influences
Park, Recreation, Schools, Shopping, Waterfront
Features
Level lot
