2 days on Market

875-877 JONES STREET, Kelowna, British Columbia V1Y2S6

Detached
4
3
~2786 sqft
$1,125,000
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Detached
4
3
~2786 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$403/sqft

Est. Mortgage$4,831/mo

Tax Amount ()$5,182/yr

Days On Market2 days


Description

Prime Location – Exceptional Investment Opportunity! Nestled at the base of Knox Mountain, this centrally located property offers unparalleled access to Kelowna’s vibrant downtown lifestyle. Just steps from beaches, parks, hiking trails, the Brewery District, and top-rated restaurants, this location is truly unbeatable. The property features a 2-bedroom, 1-bathroom main house alongside a custom-built 2-bedroom, 2-bathroom carriage home constructed in 2016 by Harmony Homes. The second dwelling presents a fantastic opportunity for rental income, multi-generational living, or guest accommodations. The modern carriage home boasts an open-concept design with a spacious living area, a generous primary suite with direct access to a fully fenced backyard, and contemporary finishes throughout. Meanwhile, the charming main house offers a functional layout with two spacious bedrooms, a full bathroom on the main level, and an unfinished basement, allowing for further potential. Significant upgrades include: Windows (2012), Roof (2015/2016), HWT (2022), Flooring (2020). With MF1 zoning and the potential for rezoning to MF2, this property offers significant development potential in a highly sought-after area. Additionally, the upcoming Tolko Site redevelopment further enhances the future value of this prime investment. Seize the opportunity to own a property in one of Kelowna’s most desirable locations—whether as a personal residence, rental investment, or future development project. (id:39198)


Property Details

StyleHouse
ViewMountain view
Age of property1959
SqFt~2786 SqFt
Lot Size-
Parking Spaces2
MLS ®Number10345653
Community NameCentral City
Data SourceCREA
Listing byOakwyn Realty Okanagan

Features

Heating: Forced air, See remarks
Cooling: Central air conditioning
Basement: Full

Main level Floor

Living room

12' x 19'3''

Primary Bedroom

11'7'' x 12'

3pc Bathroom

8' x 6'9''

Bedroom

11'7'' x 11'10''


Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

May 1, 2025
ListedActive
$1,125,000
2 days on market
history photo preview29
Listing by crea®
Property listed by Oakwyn Realty Okanagan, Brokerage
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Population and Demographics

Overview

Total population 25871
Average household income $101,308

Age (%)

20 to 34
28%
65 and plus
24%
35 to 49
19%
50 to 64
18%
0 to 19
12%

Household composition (%)

Single person
47%
Single family
43%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
88%
Others
4%
German
2%
French
2%
Tagalog (Pilipino, Filipino)
1%
Spanish
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget

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