651 Richter Street, Kelowna

2026-10-01

651 Richter Street, Kelowna, British Columbia

3 Bed 2 Bath 2093 ft² 5 Garage

For Sale Single Family

$824,500

MLS®#10402312

DOWNTOWN KELOWNA LOCATION, CORNER LOT, AND SIGNIFICANT FUTURE DEVELOPMENT POTENTIAL - this one is worth a look! This 2,093 sqft. raised bungalow sits directly beside Knox Mountain and offers a flexible layout for investors, homeowners, or developers. The main level features 2 bedrooms, 1 bathroom, an oversized living room, dining area, and kitchen with access to an 8' x 16' covered rear deck. Downstairs offers an additional bedroom and bathroom, large recreation room, and kitchenette, perfect for a separate suite. Recent updates include a new bathroom, new hot water tank, and new A/C motor in 2026. The furnace was replaced in 2015 and the roof in 2007. A covered carport accommodates up to 3 vehicles, with 2 additional parking spaces. Set in a quiet, established neighbourhood just minutes from downtown, with Knox Mountain hiking trails, the dog park, free boat launch, Okanagan Lake, restaurants, shops, and the growing Kelowna North area all close by. The property itself is zoned for higher-density development, while the nearby Kelowna Mill Site is planned for future redevelopment into expanded public parkland and beachfront, approximately a 5-minute walk away - adding even more appeal to this already well-positioned property. Whether you're looking for a home with a mortgage helper, a rental property, a long-term hold, or a future redevelopment opportunity, there is plenty to work with here! (id:32467)

Building	Single Family
Rooms
Bedrooms	3
Bathrooms	2
Square Footage	2093 ft²
Built in	1969
Parking Type	5
Neighbourhood	Kelowna

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How much could you save in commission selling with One Percent Realty?

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Your One Percent Realty
Commission savings^†

$500,000

^† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal

Glen MacKenzie

REALTOR®. Member of The Canadian Real Estate Association & more

onepercentglen@shaw.ca

(250) 870-4536

Support Area:
Areas serviced in the Central Okanagan include all sub divisions of: Kelowna,Westbank,West Kelowna,Peachland

ONE PERCENT REALTY LIMITED … THE FULL STORY FINALLY ... AN ALTERNATIVE! If you've ever sold a home before, you know what the traditional or typical sales commission costs are. Do you remember how you felt when you saw what you paid to the real estate company? Do you remember what you...

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