Opportunity in one of Kelowna’s most sought-after locations. This MF4-zoned property at 471 Cadder Ave offers strong holding value with future development potential, complete with desirable corner positioning and lane access. Set on a 0.15-acre lot, this 1,800+ sq ft home provides flexibility for investors looking to generate income now while planning for what’s next. The home features 2 bedrooms and 3 bathrooms, with a layout that lends itself well to a potential suite thanks to a separate entrance. Key mechanical updates include a furnace (5 years), hot water tank (8 years), and a roof approximately 10 years old—giving confidence for the years ahead. The location is where this property truly stands out. Just a short walk to Abbott Street, Okanagan Lake, and nearby parks, this is a highly desirable area for both tenants and future redevelopment. With a walk score of 81 and a bike score of 92, getting to downtown Kelowna is quick and effortless by bike or e-scooter. Whether you’re looking to hold, rent, or explore development potential, this is a rare opportunity to secure a prime piece of land in a location that continues to see strong demand. (id:32467)

Ammenities Near By

• Ammenities Near By: Public Transit, Park, Recreation, Schools, Shopping

Building

• Appliances: Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
• Basement Type: Partial
• Construction Style: Detached
• Exterior Finish: Wood siding
• Fireplace: Yes
• Flooring Type: Hardwood
• Interior Size: 1803 sqft
• Building Type: House
• Stories: 2.5
• Utility Water: Municipal water

Features

• Feature: Level lot, Private setting, Jacuzzi bath-tub

Land

• Land Size: 0.15 ac|under 1 acre
• Sewer: Municipal sewage system

Ownership

• Type: Freehold

Information entered by eXp Realty (Kelowna)
Listing information last updated on: 2026-04-27 15:59:17