Don’t miss your chance to secure a prime property in the vibrant core of Kelowna. Priced well below assessed value, this property offers outstanding value along with significant development potential. Whether you’re an investor seeking your next project or a buyer looking to live in one of the city’s most desirable neighborhoods, this location delivers unmatched convenience. Just two parcels north of Bernard Avenue on Richter Street, you’re steps from downtown amenities, schools, shopping, restaurants, and the lakefront. Zoned UC1 Urban Core, this property offers exceptional flexibility for future use. The zoning supports high-density, mixed-use development including residential, commercial, retail, and cultural spaces making it a strategic holding property with incredible upside. The existing home features 2 bedrooms, 1 bathroom, a den, and a full basement (partially finished). Outside, enjoy a fully fenced and landscaped private yard ideal for comfortable living or rental income while you plan your next move. Walk to everything downtown has to offer and capitalize on the growth of Kelowna’s thriving urban core. Opportunities like this are rare, bring your vision and unlock the full potential of this prime location. (id:2493)
Data was last updated February 27, 2026 at 10:45 PM (UTC)
Area Statistics
Listings on market:
197
Avg list price:
$1,695,000
Min list price:
$43,800
Max list price:
$9,900,000
Avg days on market:
45
Min days on market:
1
Max days on market:
636
Avg price per sq.ft.:
$737.6
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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