1470 Richter Street Kelowna, British Columbia V1Y 2L8

$899,000

Don’t miss your chance to secure a prime property in the vibrant core of Kelowna. Priced well below assessed value, this property offers outstanding value along with significant development potential. Whether you’re an investor seeking your next project or a buyer looking to live in one of the city’s most desirable neighborhoods, this location delivers unmatched convenience. Just two parcels north of Bernard Avenue on Richter Street, you’re steps from downtown amenities, schools, shopping, restaurants, and the lakefront. Zoned UC1 Urban Core, this property offers exceptional flexibility for future use. The zoning supports high-density, mixed-use development including residential, commercial, retail, and cultural spaces making it a strategic holding property with incredible upside. The existing home features 2 bedrooms, 1 bathroom, a den, and a full basement (partially finished). Outside, enjoy a fully fenced and landscaped private yard ideal for comfortable living or rental income while you plan your next move. Walk to everything downtown has to offer and capitalize on the growth of Kelowna’s thriving urban core. Opportunities like this are rare, bring your vision and unlock the full potential of this prime location. (id:46156)

Property Details

MLS® Number	10377374
Property Type	Single Family
Neigbourhood	Kelowna North
Parking Space Total	2
View Type	City View, Mountain View

Building

Bathroom Total	1
Bedrooms Total	2
Appliances	Range, Refrigerator, Washer & Dryer
Architectural Style	Ranch
Constructed Date	1945
Construction Style Attachment	Detached
Exterior Finish	Stucco
Fireplace Fuel	Wood
Fireplace Present	Yes
Fireplace Total	1
Fireplace Type	Conventional
Flooring Type	Linoleum, Wood
Heating Type	Forced Air
Roof Material	Asphalt Shingle
Roof Style	Unknown
Stories Total	1
Size Interior	1,075 Ft2
Type	House
Utility Water	Municipal Water

Parking

Rear

Land

Acreage	No
Fence Type	Fence
Sewer	Municipal Sewage System
Size Irregular	0.13
Size Total	0.13 Ac|under 1 Acre
Size Total Text	0.13 Ac|under 1 Acre

Rooms

Level	Type	Length	Width	Dimensions
Basement	Other			12'5'' x 11'7''
Main Level	Full Bathroom			6'2'' x 6'9''
Main Level	Office			6'3'' x 7'4''
Main Level	Bedroom			10'6'' x 10'5''
Main Level	Primary Bedroom			14'6'' x 10'6''
Main Level	Kitchen			13'8'' x 12'7''
Main Level	Living Room			22'10'' x 12'2''

Utilities

Electricity	Available
Sewer	Available
Water	Available

https://www.realtor.ca/real-estate/29408411/1470-richter-street-kelowna-kelowna-north