550 Patterson Avenue, Kelowna

MLS®™ 10368915

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:43281)

Property Details

Address:
550 Patterson Avenue, Kelowna, British Columbia
Price:
$ 1,349,000
MLS Number:
10368915
List Date:
November 11th, 2025
Lot Size:
0.18 ac
Year Built:
1947
Taxes:
$ 2,992

Interior Features

Bedrooms:
5
Bathrooms:
4
Appliances:
Washer, Range - Electric, Dishwasher, Dryer
Flooring:
Tile, Hardwood, Laminate
Heating:
Baseboard heaters, Forced air, Electric, See remarks
Fireplaces:
2
Fireplace Type:
Gas, Unknown
Basement:
Crawl space

Building Features

Storeys:
1.5
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Exterior:
Stucco
Garage:
Detached Garage, See Remarks, Additional Parking
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 2,992

Floors

Finished Area:
2344 sq.ft.

Land

Lot Size:
0.18 ac
Water Frontage Type:
Other

Neighbourhood Features

Amenities Nearby:
Family Oriented, Pets Allowed

Ratings

Commercial Info

Location

Mortgage Calculator

powered by Ratehub.ca

Neighbourhood Details