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550 Patterson Avenue, Kelowna
2025-11-11
Quick Summary
- Location
- 550 Patterson Avenue, Kelowna, British Columbia V1Y5C6
- Price
- $1,279,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2344 sqft
- Bedrooms:
- 5
- Bathrooms:
- 4
- Year of Construction:
- 1947
MLS®#10368915
Property Description
ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential when combined with the adjoining properties at 530 & 540 Patterson (MLS# 10313190 & 10313085), totaling 0.46 acres of development-ready land. Currently zoned MF1 within the C-NHD, this site sits on the transit corridor—making it ideal for MF3 zoning and a potential six-storey apartment development. 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 potential, making this an excellent holding property. Alternatively, the lot could support a townhome development, following the successful projects nearby. Don’t miss this rare opportunity to secure a key parcel in one of Kelowna’s most promising urban growth areas! (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Recreation, Schools, Shopping
Building
- Appliances: Dishwasher, Dryer, Range - Electric, Washer
- Basement Type: Crawl space
- Construction Style: Detached
- Exterior Finish: Stucco
- Fireplace: Yes
- Flooring Type: Hardwood, Laminate, Tile
- Interior Size: 2344 sqft
- Building Type: House
- Stories: 1.5
- Utility Water: Municipal water
Features
- Feature: Level lot
Land
- Land Size: 0.18 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal LePage Kelowna
Listing information last updated on: 2025-11-12 19:19:44
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
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Glen MacKenzie REALTOR®. Member of The Canadian Real Estate Association & more
- Phone:
- (250) 870-4536
- Mobile:
- (250) 870-4536
- Email:
- onepercentglen@shaw.ca
- Support Area:
- Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland
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- Phone:
- 604-683-1393
- Email:
- donnafullerREALTOR@gmail.com
- Support Area:
- KELOWNA, KELOWNA DOWNTOWN, KELOWNA SOUTH, KELOWNA NORTH, SOUTH EAST KELOWNA, LOWER MISSION, UPPER MISSION, KETTLE VALLEY, CRAWFORD ESTATES, SPRINGFIELD SPALL, DILWORTH MOUNTAIN, WILDEN, RUTLAND, JOE RICH, BLACK MOUNTAIN, UNIVERSITY DISTRICT, LAKE COUNTRY, WINFIELD, ELLISON
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