MLS: 10368915
550 Patterson Avenue
2344 sqft
5 Bedrooms
4 Bathrooms
$1,279,000
ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential when combined with the adjoining properties at 530 & 540 Patterson (MLS# 10313190 & 10313085), totaling 0.46 acres of development-ready land. Currently zoned MF1 within the C-NHD, this site sits on the transit corridor—making it ideal for MF3 zoning and a potential six-storey apartment development. 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 potential, making this an excellent holding property. Alternatively, the lot could support a townhome development, following the successful projects nearby. Don’t miss this rare opportunity to secure a key parcel in one of Kelowna’s most promising urban growth areas! (id:6770)
3+ bedrooms 4+ bedrooms 5+ bedrooms Single Family Home < 1 Acre NewListed by Eric Drouin
Royal LePage Kelowna
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Overview
- Price $1,279,000
- MLS # 10368915
- Age 1947
- Stories 1.5
- Size 2344 sqft
- Bedrooms 5
- Bathrooms 4
- Exterior Stucco
- Appliances Dishwasher, Dryer, Range - Electric, Washer
- Water Municipal water
- Sewer Municipal sewage system
- Flooring Hardwood, Laminate, Tile
- Listing Agent Eric Drouin
- Listing Office Royal LePage Kelowna
- Landscape Features Landscaped, Level
