C$924,900

Investor and Developer Alert!!! Build your vision in Kelowna South! Set on a quiet cul-de-sac in one of Kelowna’s most sought-after redevelopment areas, this flat 0.25-acre property combines UC5 zoning, laneway access, and a prime central location. Explore the potential for a fourplex, townhomes, or a low-rise apartment building, subject to City of Kelowna approvals and lot size requirements. Schools, beaches, parks, shopping, and everyday conveniences are all within a 10-minute walk, offering an appealing location for future owners and tenants. The existing 4-bedroom, 2-bathroom home offers holding and rental income potential while you explore development plans. Two bedrooms on the main floor, two additional bedrooms downstairs, and a spacious basement flex/great room create a versatile layout suited to families, multi-generational living, or rental use. The mature yard adds a distinctive touch, with cherries, apples, pears, purple and golden plums, several varieties of grapes, and winter melon to enjoy while planning your next project. With redevelopment possibilities, income potential, and a desirable Kelowna South address, this is an exciting opportunity for investors, builders, and developers to be part of the neighbourhood’s continued growth. Call us today for more information! (id:41202)