Character, land, and rare redevelopment upside in the heart of Kelowna. Set on a 6,000sf lot (50’ x 120’) in a heritage neighbourhood, this 1906 home carries the warmth and craftsmanship of a true character property — a short walk from Bernard Ave, groceries, and the lake. The four-bedroom main house anchors a flexible property with a carriage home, private garage, generous yard, and a quiet, established street. The real story is what comes next. The lot is zoned MF1b multi-family infill, allowing up to six units as-of-right (a four-plex the realistic build), and qualifies for the City of Kelowna's ""Infill ASAP"" fast-track. Recognized on the Community Heritage Register for its history, the site rewards a buyer who values both the past and the potential. Hold, lease, or redevelop — a central-Kelowna landholding with options. Currently tenanted and sold as such (buyer assumes existing leases). A walkable, lake-close location like this rarely pairs with this kind of upside. (id:2493)
Listed by FaithWilson Christies International Real Estate
Data was last updated July 2, 2026 at 09:45 PM (UTC)
Area Statistics
Listings on market:
201
Avg list price:
$1,890,000
Min list price:
$37,000
Max list price:
$2,850,000
Avg days on market:
51
Min days on market:
2
Max days on market:
761
Avg price per sq.ft.:
$1,080
These statistics are generated based on the current listing's property type
and located in
Kelowna North. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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