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$974,000

2 Beds

1 Bath

1098 FEETSQ

QuickQuoteTM: $886K - $1.1M

Kelowna BC, V1Y 6S9

MLS® # 10367636

Property Information:

ATTENTION INVESTORS / DEVELOPERS! Seize an unparalleled opportunity at this impressive 6,534 square foot corner lot, ideally situated in one of Downtown Kelowna's most desirable and rapidly revitalizing areas. With an MF1 zoning designation, this property is a prime canvas for multi-family residences, offering exceptional potential for your next project. The existing house and large detached garage offer immediate holding income as you plan your development, or can be a base for initial planning. This isn't just a property; it's a chance to capitalize on a fantastic investment in a vibrant, growth-oriented neighborhood that's currently experiencing an influx of new builds. You'll be just a short walk from the bustling downtown core, where you can enjoy an array of shopping, diverse dining, cultural experiences, and beautiful Okanagan Lake beaches, all with convenient public transit access. The upcoming UBCO campus is set to further enhance the area's appeal and future demand. The lot's strategic corner location, at the intersection of an alley, allows for access from three sides, presenting numerous versatile development opportunities. For added convenience, Kelowna International Airport (YLW) and Okanagan Lake are each only a short quick 15-20 minute drive, ensuring easy access to both travel and local recreation. Don't miss out on this exceptional chance to make your mark in a thriving community!

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Annual Tax Amount: $4,134
  • Architectural Style: Bungalow
  • Built in: 1920
  • Cooling: None
  • Floor Space (approx): 1098 Square Feet
  • Heating: Natural Gas
  • Lot Size: 0.15 Acres
  • Parking Features: Detached, Garage, Oversized, On Street
  • Water Source: Public
  • Sewer: Public Sewer

Rooms:

  • Primary Bedroom Main Level .30 m x .30 m
  • Bedroom Main Level .30 m x .30 m
  • Living Main Level .30 m x .30 m
  • Bathroom Main Level .30 m x .30 m
  • Kitchen Main Level .30 m x .30 m

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Location of 795 Lawson Avenue, Kelowna, BC, V1Y 6S9

Demographic Information of 795 Lawson Avenue, Kelowna, BC, V1Y 6S9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,927.17

Average Number of Children

1.41

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.1 %

High school certificate or equivalent

35.01 %

Apprenticeship trade certificate/diploma

9.58 %

College/non-university certificate

20.74 %

University certificate (below bachelor)

0.42 %

University Degree

22.15 %

Commuter

Travel To Work

By Car

70.08 %

By Public Transit

4.48 %

By Walking

14.97 %

By Bicycle

4.29 %

By Other Methods

6.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

69.95 %

Houses

30.05 %

Own Vs. Rent