Property Information:

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:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Rancher
Construction Style - Attachment: Detached
Exterior Finish: Stucco
Fireplace Fuel: Wood
Fireplace Type: Conventional
Floor Space: 1075 sqft
Flooring Type: Linoleum, Wood
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Forced air
Appliances: Range, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 2
Bathrooms: 1
Built in: 1945
Fence Type: Fence
Floor Space (approx): 1075 Square Feet
Irregular: Yes
Lot Size: 0.13 Acres
Utility Type: Sewer - Available, Water - Available, Hydro - Available
View Type: City view, Mountain view
Sewer: Municipal sewage system
Parking Type: Rear
No. of Parking Spaces: 2

Rooms:

Other Basement Level 12'5'' x 11'7''
Bathroom Main Level 6'2'' x 6'9''
Office Main Level 6'3'' x 7'4''
Bedroom Main Level 10'6'' x 10'5''
Primary Bedroom Main Level 14'6'' x 10'6''
Kitchen Main Level 13'8'' x 12'7''
Living Main Level 22'10'' x 12'2''

Courtesy of: Coldwell Banker Executives Realty

More Detail

Less Detail

Demographic Information of 1470 Richter Street, Kelowna, British Columbia, V1Y 2L8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$119,414.24

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.39 %

High school certificate or equivalent

30.71 %

Apprenticeship trade certificate/diploma

10.53 %

College/non-university certificate

22.02 %

University certificate (below bachelor)

1.17 %

University Degree

28.18 %

Commuter

Travel To Work

By Car

62.3 %

By Public Transit

4.26 %

By Walking

26.46 %

By Bicycle

3.11 %

By Other Methods

3.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.17 %

Houses

11.83 %

1470 Richter Street, Kelowna, British Columbia, V1Y 2L8