Kelowna Real Estate Listings | View All
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. 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:21321)
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