C$1,179,000

Character, land, and rare redevelopment upside in the heart of Kelowna. Set on a 6,000sf lot (50’ x 120’) in a heritage neighbourhood, this 1906 home carries the warmth and craftsmanship of a true character property — a short walk from Bernard Ave, groceries, and the lake. The four-bedroom main house anchors a flexible property with a carriage home, private garage, generous yard, and a quiet, established street. The real story is what comes next. The lot is zoned MF1b multi-family infill, allowing up to six units as-of-right (a four-plex the realistic build), and qualifies for the City of Kelowna's ""Infill ASAP"" fast-track. Recognized on the Community Heritage Register for its history, the site rewards a buyer who values both the past and the potential. Hold, lease, or redevelop — a central-Kelowna landholding with options. Currently tenanted and sold as such (buyer assumes existing leases). A walkable, lake-close location like this rarely pairs with this kind of upside. (id:41202)