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550 Patterson Avenue Kelowna, British Columbia V1Y 5C6

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Eric Drouin
Personal Real Estate Corporation

(250) 864-3742
kelownahomeclick.ca/

Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595
royallepagekelowna.com/

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5 Bedroom 4 Bathroom 2344 sqft
Fireplace Baseboard Heaters, Forced Air, See Remarks Other Landscaped, Level

$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:26472)

Property Details

MLS® Number 10368915
Property Type Single Family
Neigbourhood Kelowna South
Amenities Near By Park, Recreation, Schools, Shopping
Community Features Family Oriented, Pets Allowed
Features Level Lot
Parking Space Total 6
Water Front Type Other

Building

Bathroom Total 4
Bedrooms Total 5
Appliances Dishwasher, Dryer, Range - Electric, Washer
Basement Type Crawl Space
Constructed Date 1947
Construction Style Attachment Detached
Exterior Finish Stucco
Fireplace Fuel Gas
Fireplace Present Yes
Fireplace Total 2
Fireplace Type Unknown
Flooring Type Hardwood, Laminate, Tile
Half Bath Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 2344 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Additional Parking
Detached Garage 1

Land

Access Type Easy Access
Acreage No
Land Amenities Park, Recreation, Schools, Shopping
Landscape Features Landscaped, Level
Sewer Municipal Sewage System
Size Frontage 70 Ft
Size Irregular 0.18
Size Total 0.18 Ac|under 1 Acre
Size Total Text 0.18 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Second Level Primary Bedroom 11'2'' x 23'11''
Second Level 3pc Bathroom Measurements not available
Third Level Living Room 12'3'' x 23'1''
Third Level Kitchen 9'10'' x 11'6''
Third Level 2pc Bathroom Measurements not available
Fourth Level Bedroom 9'1'' x 11'4''
Fourth Level Bedroom 11'7'' x 12'1''
Fourth Level 4pc Bathroom Measurements not available
Main Level Workshop 10'1'' x 13'4''
Main Level Other 8'11'' x 13'4''
Main Level Storage 6'5'' x 8'2''
Main Level Living Room 14'1'' x 16'9''
Main Level Laundry Room 5'2'' x 6'9''
Main Level Kitchen 8'10'' x 13'3''
Main Level Dining Room 5'6'' x 8'6''
Main Level Bedroom 8'9'' x 12'0''
Main Level Bedroom 9'7'' x 12'4''
Main Level 4pc Bathroom Measurements not available

https://www.realtor.ca/real-estate/29089569/550-patterson-avenue-kelowna-kelowna-south