550 Patterson Avenue
Kelowna
V1Y 5C6
$1,279,000
Single Family
beds: 5
baths: 4.0
2,344 sq. ft.
built: 1947
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 10368915
- Bedrooms:
- 5
- Bathrooms:
- 4
- Year Built:
- 1947
- Photos (43)
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ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential when combined with the adjoining properties at 530 & 540 Patterson (MLS# 10313190 & 10313085), totaling 0.46 acres of development-ready land. Currently zoned MF1 within the C-NHD, this site sits on the transit corridor—making it ideal for MF3 zoning and a potential six-storey apartment development. The City of Kelowna has recently installed new sewer lines along the alley, further enhancing development readiness. In the meantime, both the main home and carriage home offer strong rental income potential, making this an excellent holding property. Alternatively, the lot could support a townhome development, following the successful projects nearby. Don’t miss this rare opportunity to secure a key parcel in one of Kelowna’s most promising urban growth areas! (id:2493)
- Property Type:
- Single Family
- Common Interest:
- Freehold
- Property Attached:
- No
- Total Living Area:
- 2,344 sq. ft.
- Zoning:
- Unknown
- Taxes:
- $2,992 / -
- Community:
- Kelowna South
- Exterior Features:
- Stucco
- Community Features:
- Family Oriented, Pets Allowed
- Waterfront:
- Other
- Structure Type:
- House
- Appliances Included:
- Washer, Range - Electric, Dishwasher, Dryer
- Bedrooms:
- 5
- Bathrooms:
- 4.0
- Half Bathrooms:
- 1
- Roof:
- Asphalt shingle, Unknown
- Fireplace:
- Yes
- Fireplaces:
- 2
- Fireplace Type:
- Gas, Unknown
- Floor finish:
- Tile, Hardwood, Laminate
- Heating:
- Baseboard heaters, Forced air, Electric, See remarks
- Roof Style:
- Asphalt shingle, Unknown
- # Storeys:
- 1.5
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Crawl space
- Lot Frontage:
- 70'
- Lot Size:
- 7,841 sq. ft.
- Lot Details:
- 0.18
- Lot Features:
- Level lot
- Parking:
- Detached Garage, See Remarks, Additional Parking
- Total Parking Spaces:
- 6
- Floor
- Type
- Size
- Other
- Main level
- Workshop
- 13'4" × 10'1"
- -
- Main level
- Other
- 13'4" × 8'11"
- -
- Main level
- Storage
- 8'2" × 6'5"
- -
- Main level
- Living room
- 16'9" × 14'1"
- -
- Main level
- Laundry room
- 6'9" × 5'2"
- -
- Main level
- Kitchen
- 13'3" × 8'10"
- -
- Main level
- Dining room
- 8'6" × 5'6"
- -
- Main level
- Bedroom
- 12' × 8'9"
- -
- Main level
- Bedroom
- 12'4" × 9'7"
- -
- Second level
- Primary Bedroom
- 23'11" × 11'2"
- -
- Third level
- Living room
- 23'1" × 12'3"
- -
- Third level
- Kitchen
- 11'6" × 9'10"
- -
- Fourth level
- Bedroom
- 11'4" × 9'1"
- -
- Fourth level
- Bedroom
- 12'1" × 11'7"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 4
- Second level
- No
- 3
- Third level
- No
- 2
- Fourth level
- No
- 4
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Listed by Royal LePage Kelowna
Data was last updated November 11, 2025 at 01:15 PM (UTC)
Area Statistics
- Listings on market:
- 193
- Avg list price:
- $384,900
- Min list price:
- $210,000
- Max list price:
- $3,795,000
- Avg days on market:
- 69
- Min days on market:
- 0
- Max days on market:
- 620
- Avg price per sq.ft.:
- $712.78
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.
- HARPER TWINS REAL ESTATE GROUP
- REAL BROKER
- (250) 808-2481
- HARPERTWINSREALTY@GMAIL.COM
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REAL ESTATE GROUP
Real Broker #1100-1631 DICKSON AVE
KELOWNA BC V1Y 0B5