A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 550 PATTERSON AVENUE, Kelowna British Columbia V1Y5C6
149 days on Market

550 PATTERSON AVENUE, Kelowna, British Columbia V1Y5C6

Detached
5
4 + 1
~2344 sqft
$•••,•••
$1,349,000
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Detached
5
4 + 1
~2344 sqft

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Highlights

Property Estimate

Days on market149 days

Estimated valueNot available

Price/Sqft$575/sqft

Monthly cost

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Description

ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential. Currently zoned MF1 within the C-NHD allowing for a townhome development. This lot is oversized at 70' wide X 113' deep & has alley access. 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 making this an excellent holding property. Currently generating $5200/mo in rental income. Main Home is 3Bed / 2bath @ 1373sqft /Carriage Home is 2Bed / 2bath @ 971sqft. This is a must see! (id:39198)


Property Details

StyleHouse
View-
Age of property1947
SqFt~2344 SqFt
Lot Size-
Parking Spaces6
MLS ®Number10368915
Community NameSouth Pandosy - KLO
Data SourceCREA
Listing byRoyal LePage Kelowna

Features

Heating: Baseboard heaters, Forced air, Electric, See remarks
Basement: Crawl space

Main level Floor

Bedroom

12'0'' x 8'9''

Bedroom

12'4'' x 9'7''

4pc Bathroom

Workshop

13'4'' x 10'1''


Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Nov 11, 2025
ListedActive
$1,349,000
149 days on market
history photo preview43
Listing by crea®
Property listed by Royal LePage Kelowna, Brokerage
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Population and Demographics

Overview

Total population 14169
Average household income $105,554

Age (%)

0 to 19
13%
20 to 34
20%
35 to 49
15%
50 to 64
17%
65 and plus
35%

Household composition (%)

Single family
52%
Single person
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
German
3%
French
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

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