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1494/1496 Elm Street, Kelowna
2026-08-17
Quick Summary
- Location
- 1494/1496 Elm Street, Kelowna, British Columbia V1Y3W9
- Price
- $1,000,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 2972 sqft
- Bedrooms:
- 6
- Bathrooms:
- 4
- Garages:
- 5
- Year of Construction:
- 1984
MLS®#10397379
Property Description
Developers, investors, and forward-thinkersâthis is the opportunity youâve been waiting for! This FULL duplex sits in one of Kelownaâs most strategically positioned locations, offering immediate rental income potential â including Airbnb â AND long-term redevelopment upside within the cityâs Transit Supportive Corridor Pilot. No strata fees, ample parking, the property is as practical as it is promising. Each side features 3 bedrooms & 2 bathrooms, with 1494 vacant for immediate possession, while 1496 is rented. The homes are mostly originalâprime for renovation, value-adding upgrades, or holding as-is while planning your next move. Both sides have private yards, and 1494 features a detached 18' x 24' garage perfect for trades, storage, or workshop use. The property backs onto Duggan Park, offering instant access to green space and a dog park. Just off Bernard Avenue, youâre steps from the new Parkinson Recreation Centre, schools, the Apple Bowl, restaurants and the Landmark District. Transit access is exceptional. With two water services, two sewer lines, and a concrete block dividing wall, future stratification may be possible. Even more compelling: positioned at the crest of the hill, this lot (and the adjacent lot) offers future Okanagan Lake viewsâa major advantage for multi-unit housing development. Hold, rent, renovate, stratify, or redevelopâthis property is a rare blend of present-day practicality and future-ready potential. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Park, Recreation, Schools, Shopping
Building
- Appliances: Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
- Construction Style: Semi-detached
- Cooling Type: Window air conditioner
- Exterior Finish: Aluminum, Stucco
- Fireplace: Yes
- Flooring Type: Carpeted, Linoleum
- Interior Size: 2972 sqft
- Building Type: Duplex
- Stories: 1.5
- Utility Water: Municipal water
Land
- Land Size: 0.2 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Vantage West Realty Inc.
Listing information last updated on: 2026-08-15 22:47:57
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$500,000
Your One Percent Realty Commission savings†
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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