Address
1494/1496 Elm Street, Kelowna, BC
Price
$ 1,000,000
Property Attributes
  • ID#10397379
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityKelowna
  • CityKelowna
  • NeighbourhoodGlenmore
  • Postal CodeV1Y 3W9
  • StyleSingle Family Dwelling
  • Year Built1984
  • Price$ 1,000,000
  • Bedrooms6
  • Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2972
  • Lot Size0.2 Acres
Data Source:
RLP - CREA EN
Property Description

Developers, investors, and forward-thinkers—this is the opportunity you’ve been waiting for! This FULL duplex sits in one of Kelowna’s most strategically positioned locations, offering immediate rental income potential — including Airbnb — AND long-term redevelopment upside within the city’s Transit Supportive Corridor Pilot. No strata fees, ample parking, the property is as practical as it is promising. Each side features 3 bedrooms & 2 bathrooms, with 1494 vacant for immediate possession, while 1496 is rented. The homes are mostly original—prime for renovation, value-adding upgrades, or holding as-is while planning your next move. Both sides have private yards, and 1494 features a detached 18' x 24' garage perfect for trades, storage, or workshop use. The property backs onto Duggan Park, offering instant access to green space and a dog park. Just off Bernard Avenue, you’re steps from the new Parkinson Recreation Centre, schools, the Apple Bowl, restaurants and the Landmark District. Transit access is exceptional. With two water services, two sewer lines, and a concrete block dividing wall, future stratification may be possible. Even more compelling: positioned at the crest of the hill, this lot (and the adjacent lot) offers future Okanagan Lake views—a major advantage for multi-unit housing development. Hold, rent, renovate, stratify, or redevelop—this property is a rare blend of present-day practicality and future-ready potential.

General Features

Terms SALE
Neighbourhood Glenmore
Construction Style Semi-detached
Property Sub Type Single Family
jumpId 28968366
Property Subtype French Single Family Dwelling
Listing Type French House
MLS 10397379
Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Building Type Duplex
Property Type Single Family
Sewer Municipal sewage system

Interior Features

Fireplace yes
Living Area Range 2972 sqft
Bedrooms 6
Cooling Type Window air conditioner
Heating Type Forced air
Beds 6
Total Baths 4
Total Baths 4

Exterior Features

Exterior Finish Stucco
Parking Type Detached garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V1Y 3W9

Price
AVG $1M
$1M
Year Built
AVG 1984
1984