550 PATTERSON AVENUE, Kelowna, British Columbia V1Y5C6
Contact us about this property
Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$545/sqft
Monthly cost
Open Calculator
Description
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:39198)
Property Details
Interior
Features
Main level Floor
Bedroom
12'0'' x 8'9''Bedroom
12'4'' x 9'7''4pc Bathroom
Workshop
13'4'' x 10'1''Exterior
Parking
Garage spaces -
Garage type -
Total parking spaces 6
Property History
43
