This charming 2000 sq.ft home sits on a large 56 x 138 lot with lane access making it a perfect investment property in Kelowna.

This investment property is in a prime location for redevelopment in Kelowna South. Currently zoned RU1 with future potential to be rezoned as MF1.

development:

4 plexes
2 duplexes front and back
main house with suite and carriage house off the laneway

The possibilities are endless. Live in the home while the land appreciates around you. Build a garage with carriage house for AirBNB potential or suite the basement to maximize on this investment property.

The home has been updated and is loaded with character with original hardwood floors, sculpted molding and plaster ceiling. The main level offers 3 bedrooms and full bathroom with large living room and dining area. The kitchen has been updated with white cabinetry, additional counterspace with newer appliances all overlooking the sprawling backyard. The covered back deck was recently added and makes a perfect spot to enjoy the Okanagan summers. The lower level offers 2 bedrooms, full bathroom, rec room and office. Easily suited with separate entrance already in place.

The home is fully fenced with sliding gate allowing for ample of parking off the lane way. This adorable investment property even comes with the white picket fence.

The area is transforming to multi family dwellings and the home next door is also available making this a premium package for investors.

Centrally located in Kelowna South just minutes to downtown amenities, the beaches of Lake Okanagan, Kelowna General Hospital and the shops and restaurants of South Pandosy.

 

 

Welcome to 1279 Ethel St, nestled in the prime location of downtown Kelowna. A perfect home for investors or as a mortgage helper. This 3 Bed 2 Bath 964sq ft home is located on a 40×110 RU7 lot that has potential for a future infill redevelopment of 2 detached homes, or 2 multi-unit homes. Enter the bright main level through the living area with large windows and hardwood floors. The Kitchen is fully equipped with stainless steel appliances and beautiful white cabinetry. Follow to the laundry room that walks out to the deck and backyard. The main level is complete with two bedrooms and one full bath with a walkout shower.  The primary bedroom with an ensuite and walk-in closet is located in the upper-level loft of the home. Less than 10 minutes walking distance from Kelowna Yacht Club, waterfront, beaches and other major amenities and only steps to Cawston bikeways. This property is very close to public transit routes. A fantastic opportunity to own a RU7 lot in downtown Kelowna!