Development, Investment, or Family Opportunity in Central Kelowna! This exceptional property offers four separate income streams while positioned in a prime Kelowna development corridor, making it an outstanding holding property with strong future potential. The main residence has been tastefully updated with 2 bedrooms, 2 bathrooms, spacious living and family rooms, dining and breakfast areas, an office/den, and dual laundry (including a tenant setup). Upstairs you’ll find a legal 2-bedroom, 1.5- bath suite as well as a 2-bedroom, 1-bath in-law suite—both with private balconies. A detached heated garage/workshop with 220V service provides excellent utility and includes an additional 1-bedroom, 1-bath suite above. With parking for 13 vehicles, a newer roof, and updated appliances, this property is designed to generate income while offering flexibility. It is a developer’s dream with potential for land assembly or higher-density redevelopment under Kelowna’s future land use designations, yet equally appealing to a family seeking a spacious home with substantial mortgage-helping rental income. (id:4069)
Address
1506 Dickson Avenue
List Price
$2,690,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
3
Bathrooms
3
Floor Area
5,684 Sq. Ft.
Lot Size
0.2 Sq. Ft.
Year Built
1950
MLS® Number
10359958
Listing Brokerage
Homelife Benchmark Realty (Langley) Corp.
Basement Area
Crawl space
Postal Code
V1Y4B7
Site Influences
Golf Nearby, Park, Schools, Shopping, View
Features
Level lot, Irregular lot size, Two Balconies
