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1020 Martin Avenue, Kelowna

Property Description

OPEN HOUSE SUNDAY FEB 2 12-2PM **Attention Investors and Builders:** Rare opportunity to acquire a highly sought-after property with MF-1 zoning (formerly RU7), offering a prime .15-acre flat lot with desirable laneway access. Current land use allows for the construction of a fourplex, making this a strategic investment for future development. The existing home, built in 1996, is configured as two legal separate dwellings. Buy and hold while making great rent, demolish and build a multiplex property, or move in and make it your ideal space to live... The possibilities are vast. The ground floor features a spacious 2-bedroom, 2-bathroom unit, while the upper level offers a 2-bedroom, 1-bathroom layout. Additional features include a 2-car garage in the front, a large detached double garage at the rear, covered patios, private lawn, and ample parking space for boats, RVs or trailers. Located in the heart of downtown Kelowna, this property provides immediate access to all the amenities and attractions the Okanagan has to offer. Contact today to arrange your viewing and explore the potential of this exceptional property. (id:43014)

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Full Address:
1020 Martin Avenue, Kelowna, British Columbia
Price:
$ 1,099,900
MLS Number:
10332663
List Date:
January 20th, 2025
Neighbourhood:
Kelowna North
Lot Size:
0.15 ac
Year Built:
1996
Taxes:
$ 5,460

Property Details

Bedrooms:
4
Bathrooms:
3
Flooring:
Carpeted, Linoleum
Air Conditioning:
Central air conditioning
Heating:
Forced air
Fireplaces:
1
Fireplace Type:
Gas, Unknown
Basement:
Crawl space

Interior Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Attached Garage, Detached Garage, RV, Street, See Remarks
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 5,460

Building Features

Finished Area:
2139 sq.ft.

Floors

View:
Mountain view
Lot Size:
0.15 ac

Land

Amenities Nearby:
Pets Allowed

Neighbourhood Features

Ratings

Commercial Info

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Neighbourhood Details

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Agent: Camille PettitOffice: Century 21 Assurance Realty Ltd

Schedule a Viewing

OPEN HOUSE SUNDAY FEB 2 12-2PM **Attention Investors and Builders:** Rare opportunity to acquire a highly sought-after property with MF-1 zoning (formerly RU7), offering a prime .15-acre flat lot with desirable laneway access. Current land use allows for the construction of a fourplex, making this a strategic investment for future development. The existing home, built […]
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1020 Martin Avenue, Kelowna

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Kelowna North/Downtown

Looking for a convenient place to call home, close to the action, the beach, great restaurants, shopping and more? Downtown Kelowna is the place for you. Kelowna North consists of Kelowna’s downtown. This is a great neighbourhood for those looking to live amongst the hustle and bustle of Kelowna. The area hosts some of Kelowna’s best restaurants and some fantastic shopping. City Centre Park offers some fantastic beaches and green spaces and is a frequent host to Kelowna’s many festivals and events. Kelowna North is a popular neighbourhood and has something for everyone. Much of Kelowna’s nightlife is concentrated in the downtown area, including pubs, movie theatres, live theatres, and much more. Kelowna North is also home to the Cultural District. The Cultural District is home to museums, art galleries, theatres and much more. You’ll find many older homes as well as newer condos, including the Madison, one of Kelowna’s most sought after condos. One of the most desirable features of this neighbourhood is walkability. Great locally owned shops and restaurants are just a short stroll away. Kelowna North is continuing to grow and is a great place for investors.

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