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Priced BELOW ASSESSMENT and the Perfect opportunity for multigenerational living- this updated character home offers a legal suite that is apart of a land assembly offering! Prime development location! Nestled into Laurier this 0.15 acre home must be ""sold simultaneously"" with the adjacent neighboring 0.23 acre duplex 1033/1035 Laurier creating a combined 0.38 acre ( 16,553 sq ft) development canvas. These 2 properties combined create a great opportunity for a future further land assembly or development! Close to urban transit corridor, on sewer, and in quiet setting hidden within the urban bustle are in a sought-after central location. With approximately combined 125 feet of frontage on Laurier Avenue and a total of two titles, this site presents an excellent opportunity for future development. Currently zoned MF1, the land aligns with the 2040 Official Community Plan, designating it as Core Neighbourhood (C-NHD Urban Core) – a future land use supporting medium-density apartment housing. Currently the updated single-family home and adjacent full duplex, both with long-term tenants in place, can generate holding income while planning your project or alternatively is the perfect base for multigenerational families where everyone in the family is within close proximity and within walking distance to everything! Buyers are advised to perform their own due diligence to confirm zoning and development potential. (id:45055)
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Property Details
MLS® Number 10365106 Property Type Single Family Neigbourhood Kelowna South -
Building
BathroomTotal 2 BedroomsTotal 4 ArchitecturalStyle Bungalow ConstructedDate 1944 ConstructionStyleAttachment Detached ExteriorFinish Stucco, Wood HeatingType Forced Air RoofMaterial Asphalt Shingle RoofStyle Unknown StoriesTotal 1 SizeInterior 1,272 Ft2 Type House UtilityWater Municipal Water Other -
Land
Acreage No Sewer Municipal Sewage System SizeIrregular 0.15 SizeTotal 0.15 Ac|under 1 Acre SizeTotalText 0.15 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Basement Full Bathroom Measurements not available Basement Bedroom 10'11'' x 8' Basement Bedroom 10'11'' x 9'2'' Basement Living Room 11'10'' x 13' Basement Kitchen 11'10'' x 12'9'' Main Level 4pc Bathroom Measurements not available Main Level Bedroom 10'7'' x 7'1'' Main Level Primary Bedroom 10'7'' x 9'7'' Main Level Living Room 12'4'' x 16'8'' Main Level Kitchen 12'4'' x 9'10'' -
Utilities
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 09 2025 01:29:40
Association of Interior REALTORS®
Royal LePage Kelowna
