Development potential with MF1 zoning

This 68 x 120 lot is located in the heart of Kelowna South just steps to Kelowna General Hospital.  Zoned MF1 with lane access allowing for a 4 plex or 2 separate duplexes with legal suites.  

The home

The home is currently situated on the front of the lot and has 3 separate living areas to generate 3 rental incomes while working on future development details. 

The main area offers 1221 sqf.t of living space with 3 bedrooms, full bathroom, living and dining with kitchen and laundry.  The kitchen has direct access to the deck overlooking the back yard.  

The lower level has 2 suites with shared laundry that could be converted to a 3 bedroom suite. Currently set up with a 711 sq.ft  2 bedroom suite on one side of the home with a separate entrance and a 215 sq.ft studio suite on the other side with a private entrance.   

 

 

Kelowna South Area

Located just steps to the Kelowna General Hospital, this desirable area is transforming into a vibrant city center.  With the new MF1 zoning, development throughout the area has added multi-family dwellings and townhouses creating a positive change to the look and feel of the neighborhood.  

Amenities in the area include: 

  • Beaches and parks
  • Abbott corridor with miles of walking trails
  • Restaurants 
  • Coffee shops
  • Local shops and services
  • Art galleries

Development Potential with MF1 Zoning

The possibilities are endless.  The lot could be stratified and two separate homes could be built front and back with or without legal suites.  With the positioning of the current home, this could be done in stages while collecting rental income or occupying it yourself. 

The MF1 zoning also allows for a 4 plex which and there is plenty of space for garages with lane access.  This unique piece of development land could be great holding property as has the potential for land assembly in the future.  

 

A & B 2533 Richter StThis large legal two-story up/down duplex is located just walking distance to Kelowna General Hospital, and Okanagan College, and is on the straight bus route to Downtown Kelowna, and the new UBCO Downtown Campus. 

 

The ground floor unit features a full kitchen, living room, mudroom, and private patio along with 3 bedrooms and access to the 3-car garage, perfect for multiple tenants or a trades worker. 

 

The upper unit of this up/down duplex showcases a full kitchen, dining, and living space with 3 bedrooms, a den, and a large sunroom. With each unit having its own laundry, this unit’s laundryA & B 2533 Richter St sunroom room is located just off the large kitchen with pantry storage. 

 

The property offers front yard space with plenty of parking, a triple-car garage. The upper suite reserves the single-car garage; the double-car garage serves the lower unit. Along with garage space, there is plenty of parking available for 4 additional vehicles making this the perfect rental property. The most fantastic investment is with this up/down duplex with options to rent to students by room during the school year and then Air BnB in the summertime! Other options include the seller occupying one unit and renting out the other!

 

This property has so much potential and opportunity, with a solid building, updates need to be done, which is reflected in the price. The property is currently seller-occupied, and looking for a minimum of 90-day closing.

Located just steps to the shores of Lake Okanagan, on a quiet cul-de-sac, this one-level inner city home is a perfect alternative to condo living.

Situated on a large 78 x 93 lot surrounded by towering cedars and beautiful mature trees creating a private backyard space to relax and unwind from your day.  The yard has plenty of space for a pool with room to space to create an incredible outdoor living area.  This inner city home features 1300 sq. ft of one-level living with 2 bedrooms and 2 full bathrooms.  The main living area is flooded with light floor-to-ceiling windows and French doors to access the backyard.

The living room has a gas fireplace and is open to the dining area and kitchen.  The kitchen has stainless steel countertops and backsplash with large double sinks and a corner pantry.  There is access to the laundry room and back door from the kitchen.  Down the hall of this unique home are walls of closets providing ample storage space.  The home is complete with 2 bedrooms and 2 full bathrooms including the primary bedroom featuring an ensuite with a glass walk-in shower and heated floors. 

Outdoor

There is a large carport with an additional storage area.  The possibilities are endless with this large piece of land.  Rezone to RU4 to allow for 2 dwellings (as done next door) or put your personal touches on the unique design and turn the backyard into your private oasis. 

Lake Okanagan is just steps away to enjoy a swim or paddle board after a day at work with this inner city home.  Or hop on the Abbott Corridor walking and biking trails to enjoy a stroll through the Heritage district of Kelowna.   The Kelowna General Hospital is a few blocks away, and so are tennis courts, parks, and recreation.  All amenities are at your fingertips including restaurants, coffee shops, local boutiques of Pandosy village, and all services you would need.  You can trade the car in for a bike with this location, your walk score doesn’t get any better than this!

  • Kelowna General Hospital: 0.4 km
  • Waterfront Lake Okanagan: 0.4 km
  • Bernard Ave: 1.06 km
  • UBCO Downtown: 1.3 km
  • Orchard Park Mall: 3.8 km

Introducing New York charm in the heart of Kelowna

2691 Gore St Front gate

Located in South Pandosy, this stunning Brownstone is just steps to local shops and restaurants and minutes to the beaches of Lake Okanagan.  This vibrant area of Kelowna South is bustling with new development making this one of the most sought-after areas of Kelowna.  

This 2 bedroom, 3 bathroom townhouse offers over 1700 sq. ft of living space over 2 levels.  Recently renovated from top to bottom, the home has been transformed with modern fixtures and finishings that are the perfect complement to the rich wood and brick character of this Brownstone.  

 

New updates include:

  • Lighting and fixtures
  • Gas fireplace
  • Flooring throughout: including 8” white oak hardwood, wool carpeting, and tile. 
  • New custom cabinetry in kitchen and hutch, bathrooms, and laundry
  • Custom draperies and Pirouette blinds
  • Powered Louvre Pergola

The newly renovated kitchen is equipped with top-of-the-line appliances, including Fisher&Paykel dual drawer dishwashers, Jennair 42” fridge freezer, Bertazzoni 4 burner gas stove, and a silhouette 130 bottle wine fridge.  The large center island makes this the perfect space to entertain.  

2691 Gore St Modern KitchenThe open-concept layout provides a seamless transition from the kitchen to the dining and living space. Highlighting soaring ceilings with oversized dark wood trimmed windows add character and style to this unique space. This functional living space has French doors that open to the private courtyard for ease of indoor/outdoor living and entertaining.  The patio is framed by a rich wood pergola and towering cedars allowing for light while offering privacy. The patio oasis houses a large 22 x 24 (500 sq. ft) patio area along with a covered powered louver pergola measuring 13 x 12 (150 sq. ft), which can be opened or closed to be fully weatherproof perfect for those rainy and snowy days! The gate to the patio is a one-of-a-kind piece of art from Nepal, made from hand-forged steel, a showstopper from the moment you arrive.

The upper level of this Brownstone offers 2 bedrooms, 2 full bathrooms, and a flex room perfect for a home office or TV space. The primary bedroom emphasizes a large ensuite with new stunning marble tile, a glass tiled shower, along with a freestanding claw tub. The walk-in closet to this beautiful primary features a window to let in natural light. The second bedroom of this home features its own private 4PC Bathroom. The laundry room is just across the hall from the flex room, providing convenience to the upstairs bedrooms.

The home is complete with a double garage featuring a Slatwall storage system and ample storage space. This property is only 1 of 3 units in the building. Enjoy living in the center of it all, walk to your favorite coffee shops, take a stroll down to the beach at sunset, and bike to work. The small strata allow pets and rentals.  This is the property you’ve been waiting for!

This charming 2 bedroom half duplex is located in the most desirable area of Kelowna South. Just blocks from Kelowna General Hospital, the home offers 981 sq.ft of living space and a single detached garage with a private backyard. A great alternative to condo living with no strata fees or pet restrictions. The home has been updated throughout and features white cabinetry and new flooring so there is nothing left to do but move in. Natural light flows into the living room from the big picture window which overlooks the front yard lush with vegetation.2266 Burnett Front Entrance

 

The backyard features a large deck overlooking the private grassed yard with a peach tree and garden beds. There is plenty of parking both front and back with a detached garage accessed from the laneway with an additional parking spot beside. The back of this half duplex is complete with a cute little patio a perfect spot to enjoy the summer evenings. This area is full of amenities with the Pandosy corridor just a short walk away offering coffee shops and restaurants. Enjoy the outdoors with Cameron park around the corner, take your bike along the Abbott corridor or soak up the sun along the shores of Lake Okanagan on the beachfront at Strathcona park. A true meaning to the saying “it’s all about location”.