471 Cadder Avenue, Kelowna
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:62865)
Status
Active
Year Built
1950
Property Type
House
Ownership
Freehold
Parking Spaces
3
Annual Tax
$4,354
Parcel Number
010-529-071
Data Source
Association of Interior REALTORS®
Bedrooms
2
Bathrooms
3
Living Area
1803 square feet
Basement
Partial
Flooring
Fireplace Features
Appliances
Lot Size
0.15 acres
Frontage
99.0 feet
Fencing
Fence,Chain link
View
Mountain view, View (panoramic)
Lot Features
Exterior Features
Community Features
Roof
Asphalt shingle,Unknown
Heating
Baseboard heaters, Forced air, Electric, See remarks
Water Source
Municipal water
Sewer
Municipal sewage system
$889,000
Office
eXp Realty (Kelowna)
Loan Amount:
$711,200
Estimated Monthly Payment:
$3,466
This is an estimate for informational purposes only. Consult with a financial advisor.
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