$1,349,000
FOR SALE

Detached

Bedrooms: 5Bathrooms: 4Lot: 70 x 0 ft

550 Patterson Avenue
Kelowna, BC V1Y 5C6 | Kelowna South

ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential. Currently zoned MF1 within the C-NHD allowing for a townhome development. This lot is oversized at 70' wide X 113' deep & has alley access. The City of Kelowna has recently installed new sewer lines along the alley, further enhancing development readiness. In the meantime, both the main home and carriage home offer strong rental income making this an excellent holding property. Currently generating $5200/mo in rental income. Main Home is 3Bed / 2bath @ 1373sqft /Carriage Home is 2Bed / 2bath @ 971sqft. This is a must see! (id:47421)
Share
Listed By Royal LePage Kelowna
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10368915
Last Updated Mar 26, 2026
Property Summary
Property Type Detached

More like this:
Neighbourhood Kelowna South
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 5
Bathrooms 4
Lot 70 x 0 ft
Amenities Nearby Park, Recreation, Schools, Shopping
Community Features Family Oriented, Pets Allowed
Features Level lot
Listing Contract Date 2025-11-10
Municipal ID 010-871-918
Ownership Type Freehold
# of Parking Spaces 6
Property Type Single Family
Transaction Type For sale
Waterfront Type Other
Building
Appliances Dishwasher, Dryer, Range - Electric, Washer
Basement Type Crawl space
Constructed Date 1947
Construction Style (Attachment) Detached
Exterior Finish Stucco
Fireplace Fuel Gas
Fireplace Present Yes
# of Fireplaces 2
Fireplace Type Unknown
Flooring Type Hardwood, Laminate, Tile
# of Half Bathrooms 1
Heating Fuel Electric
Heating Type Baseboard heaters, Forced air, See remarks
Roof Material Asphalt shingle
Roof Style Unknown
Stories Total 1.5
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level11'2'' x 23'11''
3pc BathroomSecond levelMeasurements not available
Living roomThird level12'3'' x 23'1''
KitchenThird level9'10'' x 11'6''
2pc BathroomThird levelMeasurements not available
BedroomFourth level9'1'' x 11'4''
BedroomFourth level11'7'' x 12'1''
4pc BathroomFourth levelMeasurements not available
WorkshopMain level10'1'' x 13'4''
OtherMain level8'11'' x 13'4''
StorageMain level6'5'' x 8'2''
Living roomMain level14'1'' x 16'9''
Laundry roomMain level5'2'' x 6'9''
KitchenMain level8'10'' x 13'3''
Dining roomMain level5'6'' x 8'6''
BedroomMain level8'9'' x 12'0''
BedroomMain level9'7'' x 12'4''
4pc BathroomMain levelMeasurements not available
Parking Spaces
Name Spaces
See Remarks
Additional Parking
Detached Garage1
Land
Total Size 0.18 acres
Access Type Easy access
Amenities Park, Recreation, Schools, Shopping
Landscape Features Landscaped, Level
Sewer Municipal sewage system
Size of Irregular Land 0.18

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)