Rare redevelopment opportunity on a .30 acre corner lot in Kelowna South/Lower Mission, one of the city’s most sought-after neighborhoods. Just minutes from the beach, Okanagan College, Kelowna General Hospital, schools, shopping, and more, this location is unmatched. Currently zoned MF1 Infill Housing, the property permits up to 6 ground-oriented units, and City of Kelowna discussions suggest subdivision potential for two fourplexes (8 dwellings total). The existing home spans over 3,900 sq. ft. with 6 bedrooms, 4 bathrooms, soaring 16-ft ceilings, multiple kitchens, generous living spaces, and expansive decks—ideal for multi-generational living or revenue. Proven rental history includes $5,200+ per month and successful short-term rental returns. New roof in 2019. A flat corner lot with circular driveway, mature landscaping, and strong holding value with immediate revenue potential. Whether you plan to redevelop, subdivide, or hold as a unique income-producing residence, this is one of the last larger parcels in Kelowna South/Lower Mission. Family-friendly, walkable, and surrounded by schools, Guisachan Village, dining, and boutique shops—this property is a redevelopment gem with lifestyle appeal. Buyers to complete due diligence on subdivision and zoning applications. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
3,927 sq. ft.365 m2
Zoning:
Unknown
Taxes:
$4,866.03 /
-
Community:
Kelowna South
Exterior Features:
Stucco
View:
Mountain view
Structure Type:
House
Home Style:
Other
Bedrooms:
6
Bathrooms:
4.0
Half Bathrooms:
1
Roof:
Asphalt shingle, Unknown
Fireplace:
No
Floor finish:
Laminate, Carpeted, Ceramic Tile, Wood
Heating:
Baseboard heaters, Forced air, Electric, See remarks
Roof Style:
Asphalt shingle, Unknown
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Frontage:
90'27.4 m
Lot Size:
13,068 sq. ft.1,214 m2
Lot Details:
0.3
Floor
Type
Size
Other
Main level
Bedroom
12'3"3.73 m × 8'8"2.64 m
-
Main level
Laundry room
12'3"3.73 m × 7'8"2.34 m
-
Main level
Laundry room
7'7"2.31 m × 7'4"2.24 m
-
Main level
Bedroom
12'3"3.73 m × 9'4"2.84 m
-
Main level
Kitchen
16'6"5.03 m × 9'2"2.79 m
-
Main level
Kitchen
22'11"6.99 m × 12'4"3.76 m
-
Main level
Living room
39'5"12.00 m × 28'8.53 m
-
Second level
Bedroom
15'1"4.60 m × 12'3"3.73 m
-
Second level
Bedroom
13'6"4.11 m × 12'3"3.73 m
-
Second level
Bedroom
12'4"3.76 m × 11'11"3.63 m
-
Second level
Primary Bedroom
18'7"5.66 m × 16'6"5.03 m
-
Second level
Family room
27'11"8.51 m × 11'4"3.45 m
-
Floor
Ensuite
Pieces
Other
Main level
No
-
4'7" x 8'9"
Main level
No
3
5'4" x 12'2"
Second level
No
5
7'9" x 7'7"
Second level
Yes
5
12'2" x 8'11"
Rare redevelopment opportunity on a .30 acre corner lot in Kelowna South/Lower Mission, one of the city’s most sought-after neighborhoods
Photo 2 of 14
Currently zoned MF1 Infill Housing, the property permits up to 6 ground-oriented units, and City of Kelowna discussions suggest subdivision potential for two fourplexes (8 dwellings total)
Just minutes from the beach, Okanagan College, Kelowna General Hospital, schools, shopping, and more, this location is unmatched
Photo 5 of 14
Photo 6 of 14
A flat corner lot with circular driveway, mature landscaping, and strong holding value with immediate revenue potential
Data was last updated September 7, 2025 at 05:15 PM (UTC)
Area Statistics
Listings on market:
215
Avg list price:
$1,201,730
Min list price:
$204,900
Max list price:
$5,690,000
Avg days on market:
72
Min days on market:
2
Max days on market:
555
Avg price per sq.ft.:
$743.64
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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