1025 Laurier Avenue, Kelowna, BC, V1Y 6B2

MLS® # 10365106

House For Sale In Kelowna, British Columbia

$685,000 QuickQuote^TM: Not Available

4 Beds

2 Baths

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1025 Laurier Avenue, Kelowna, BC - Outdoor

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1025 Laurier Avenue, Kelowna, BC - Other

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1025 Laurier Avenue, Kelowna, BC, V1Y 6B2

$685,000

4 Beds

2 Baths

Property Information:

Priced BELOW ASSESSMENT and the Perfect opportunity for multigenerational living- this updated character home offers a legal suite that is apart of a land assembly offering! Prime development location! Nestled into Laurier this 0.15 acre home must be "sold simultaneously" with the adjacent neighboring 0.23 acre duplex 1033/1035 Laurier creating a combined 0.38 acre ( 16,553 sq ft) development canvas. These 2 properties combined create a great opportunity for a future further land assembly or development! Close to urban transit corridor, on sewer, and in quiet setting hidden within the urban bustle are in a sought-after central location. With approximately combined 125 feet of frontage on Laurier Avenue and a total of two titles, this site presents an excellent opportunity for future development. Currently zoned MF1, the land aligns with the 2040 Official Community Plan, designating it as Core Neighbourhood (C-NHD Urban Core) – a future land use supporting medium-density apartment housing. Currently the updated single-family home and adjacent full duplex, both with long-term tenants in place, can generate holding income while planning your project or alternatively is the perfect base for multigenerational families where everyone in the family is within close proximity and within walking distance to everything! Buyers are advised to perform their own due diligence to confirm zoning and development potential.

Exclusions : Tenant belongings.

Property Features:

Bedrooms: 4
Bathrooms: 2
Annual Tax Amount: $4,114
Architectural Style: Bungalow
Built in: 1944
Construction Materials: Stucco, Wood Siding, Wood Frame
Cooling: None
Floor Space (approx): 1272 Square Feet
Heating: Forced Air
Lot Size: 0.15 Acres
Parking Features: Other
Roof: Asphalt, Shingle
Water Source: Public
Sewer: Public Sewer

Rooms:

Bathroom Basement Level .00 m x .00 m
Bedroom Basement Level 3.33 m x 2.44 m
Bedroom Basement Level 3.33 m x 2.80 m
Bedroom Main Level 3.22 m x 2.16 m
Living Main Level 3.76 m x 5.08 m
Bathroom Main Level .00 m x .00 m
Kitchen Basement Level 3.61 m x 3.89 m
Living Basement Level 3.61 m x 3.96 m
Kitchen Main Level 3.76 m x 3.00 m
Primary Bedroom Main Level 3.22 m x 2.92 m

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This listing content provided by Association of Interior REALTORS.

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Notes:

Jason Domeij

Sales Representative Royal LePage Kelowna *

Office:250.717.2214

Fax:250.860.0595

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Dave Domeij

Personal Real Estate Corporation Royal LePage Kelowna *

Office:250.717.2214

Fax:250.860.0595

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Market Price Trends

Single family detached

-6.45%

Price change (1 year)

35.97%

Price change (5 years)

All Properties

-7.77%

Price change (1 year)

30.61%

Price change (5 years)

Location of 1025 Laurier Avenue, Kelowna, BC, V1Y 6B2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Low

12 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 1025 Laurier Avenue , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past

33.1℃

2050

36.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

12 storms expected in 2050

19/100

Low

ClimateCheck®

Current data

This property, 1025 Laurier Avenue , experiences 11 significant 2-day storms per year, with about 140.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 153.7mm of precipitation per year.

Precipitation Per Storm

Past

140.1mm

2050

153.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1025 Laurier Avenue, Kelowna, BC, V1Y 6B2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$86,349.50

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.62 %

High school certificate or equivalent

32.48 %

Apprenticeship trade certificate/diploma

7.91 %

College/non-university certificate

22.23 %

University certificate (below bachelor)

1.4 %

University Degree

23.35 %

Commuter

Travel To Work

By Car

75.93 %

By Public Transit

4.13 %

By Walking

10.42 %

By Bicycle

4.85 %

By Other Methods

4.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.99 %

Houses

43.01 %

Own Vs. Rent

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1025 Laurier Avenue, Kelowna, BC, V1Y 6B2 $685,000 MLS® # 10365106