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:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
1,803 sq. ft.168 m2
Taxes:
$4,353.75 /
-
Community:
Kelowna South
Exterior Features:
Wood siding
Community Features:
Family Oriented
View:
Mountain view, View (panoramic)
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Bedrooms:
2
Bathrooms:
3.0
Half Bathrooms:
1
Roof:
Asphalt shingle, Unknown
Fireplace:
Yes
Fireplaces:
1
Fireplace Type:
Insert
Floor finish:
Hardwood
Heating:
Baseboard heaters, Forced air, Electric, See remarks
Data was last updated April 23, 2026 at 09:17 PM (UTC)
Area Statistics
Listings on market:
214
Avg list price:
$697,450
Min list price:
$205,000
Max list price:
$3,875,000
Avg days on market:
58
Min days on market:
1
Max days on market:
713
Avg price per sq.ft.:
$454.59
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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