1233 Ethel Street new

Kelowna,BC V1Y2W6

$ 775000

3 Beds

2 Baths

1312 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,312 sqft

Price per Sqft $590

Subdivision Kelowna North

MLS Listing ID 10352947

Bedrooms 3

Half Baths 1

Year Built 1947

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

PRIME DEVELOPMENT OPPORTUNITY IN A GROWTH CORRIDOR Unlock the potential of this ideally located property in one of Kelowna's most exciting redevelopment zones! Nestled between Richter Street and Gordon Drive, just steps from Clement Avenue, this lot lies within three Transit Supportive Corridors—offering excellent access and long-term value. The charming 1940s character home includes laneway access and sits on a flat, versatile lot. Inside, you'll find bright living spaces, original hardwood floors, and a smart layout. Previously a 4-bedroom, it's currently a spacious 2-bedroom but could easily be converted back. The main floor has a large bedroom with a 2-piece en-suite and a family room off the kitchen—great for everyday living or rental income. Out back, enjoy a fully fenced yard with mature fruit trees, garden space, a covered deck, and plenty of privacy—ideal for pets or entertaining. Zoned RU4 (Duplex Housing) with future land use designated as Core Area Neighborhood (C-NHD), this property is set to be pre-zoned MF1, allowing up to 6 units (subject to city regulations)—a mix of duplexes, carriage homes, suites, or multifamily development. Whether building, investing, or holding for future value, this property offers rare flexibility. Walk to the downtown Cultural District, Okanagan Lake, schools, restaurants, Prospera Place, and major bike routes including the Rail Trail, Cawston, and Ethel corridors. A rare chance in a high-growth location. (id:24570)

Location

State BC

Zoning Unknown

Rooms

Kitchen 1.0

Extra Room 1 Second level 26'11'' x 8'5'' Primary Bedroom

Extra Room 2 Main level 8'1'' x 7'9'' Pantry

Extra Room 3 Main level 5'11'' x 6'10'' 3pc Bathroom

Extra Room 4 Main level 11'7'' x 14'1'' Bedroom

Extra Room 5 Main level 3'7'' x 6'10'' 2pc Bathroom

Extra Room 6 Main level 10'11'' x 10'1'' Bedroom

Interior

Heating Baseboard heaters,,Stove,See remarks

Flooring Carpeted,Hardwood

Fireplaces Type Free Standing Metal

Exterior

Parking Features No

Fence Fence

View Y/N Yes

View Mountain view

Roof Type Unknown

Private Pool No

Building

Lot Description Level

Story 1.5

Sewer Municipal sewage system

Others

Ownership Freehold

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