550 PATTERSON AVENUE

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$1,349,000
550 PATTERSON AVENUE
Kelowna, British Columbia V1Y5C6
MLS® Number: 10368915
5Beds
4Baths
2,344Sq Ft
6Parking
1947Year Built
Single FamilyType

About This Property

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:64973)

Property Details

Bedrooms5
Bathrooms4
Living Area2,344 sq ft
Lot Size0.18 (0 acres)
Year Built1947
Property TypeSingle Family
Parking6
HeatingBaseboard heaters, Forced air, Electric, See remarks
FireplaceGas, Unknown
AppliancesWasher, Range - Electric, Dishwasher, Dryer
CommunityFamily Oriented, Pets Allowed
Annual Taxes$2,992
CityKelowna
Postal CodeV1Y5C6
MLS® #10368915

Location

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