861 Martin Avenue Kelowna, BC V1Y 6V4
Listing Courtesy of: ASSOCIATION OF INTERIOR REALTORS / Century 21 Assurance Realty Ltd. / Matt Glen

  861 Martin Avenue Kelowna, BC V1Y 6V4

Active (38 Days)
$1,175,000
5
BED
4
BATH
2,480
SQFT
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Description

House and Carriage house on a large MF1 zoned lot. This is an investor/developer's dream property. It has strong holding power right now as well as great development potential in the future in an ideal location to maximize your investment now and later. The oversized, 55 ft x 135 ft lot with alley access (.17 acres or 7,425 sqft) allows a developer to build bigger than average units in a future 4 plex or 6-plex that can be sold for more when finished. It would also allow for 2 duplexes instead of 1 fourplex to be built, similar to what was done across the street. In the meantime, the main home and carriage house are bringing in good rental income with great tenants until the time is right to start your development project. Like I said, this is an investor/developers dream property to purchase.

MLS®:
10310424
Taxes
$4,947(2023)
Lot Size
7,405 SQFT
Type
Single-Family Home
Year Built
1960
Views
Mountain(s)
County
Central Okanagan

Listed By

Matt Glen, Century 21 Assurance Realty Ltd.
Source
ASSOCIATION OF INTERIOR REALTORS
Last checked May 1 2024 at 8:59 PM EDT
Bathroom Details
  • Full Bathrooms: 3
  • Half Bathroom: 1
Lot Information
  • Private
  • Near Public Transit
  • Near Park
  • Level
  • Landscaped
  • Central Business District
Property Features
  • Fireplace: Electric
  • Fireplace: Decorative
  • Fireplace: 2
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Electric
  • Baseboard
  • Wall Unit(s)
Basement Information
  • Separate Entrance
  • Finished
Flooring
  • Hardwood
  • Vinyl
  • Carpet
  • Tile
  • Ceramic Tile
Exterior Features
  • Roof: Shingle
  • Roof: Asphalt
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Additional Parking
Stories
  • 3
Living Area
  • 2,480 sqft
Location
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Disclaimer: Copyright 2024 Association of Interior Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/1/24 13:59

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