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:4069)
Address
471 Cadder Avenue
List Price
$889,000
Property Type
Single Family
Type of Dwelling
Single Family
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
2
Bathrooms
3
Floor Area
1,803 Sq. Ft.
Lot Size
0.15 Sq. Ft.
Year Built
1950
MLS® Number
10384577
Listing Brokerage
eXp Realty (Kelowna)
Basement Area
Partial
Postal Code
v1y5n2
Site Influences
Public Transit, Park, Recreation, Schools, Shopping, View
Features
Level lot, Private setting, Jacuzzi bath-tub
