Welcome to this rare opportunity of prime development property with huge potential in the prestigious Kelowna South. With recent zoning changed to MF4, this property offers tremendous potential for redevelopment, ranging from infill housing to six-story apartments. Ideally located just few steps away from Kelowna General Hospital, pristine beaches, Abbott Corridor, and only minutes from downtown and the vibrant Pandosy Village, this home is at the heart of everything you need. The current home features two spacious bedrooms upstairs and a 1 bedroom in-law suite downstairs. The basement suite includes its own laundry and a private entrance. The entire home is rented to month-to-month tenants. This property with Rear laneway access is ideal for rental income while it awaits redevelopment.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Exterior Entry to Basement, Rancher/Bungalow w/Bsmt.
Data was last updated October 3, 2025 at 04:10 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$1,270,000
Min list price:
$358,500
Max list price:
$2,360,184
Avg days on market:
131
Min days on market:
3
Max days on market:
519
Avg price per sq.ft.:
$589.37
These statistics are generated based on the current listing's property type
and located in
FVREB Out of Town. Average values are
derived using median calculations. This data is not produced by the MLS® system.