An outstanding opportunity to secure an affordable home with exceptional redevelopment potential in the heart of the Rutland Urban Centre. Situated on one of the few properties in the area that benefits from valuable rear lane access, this property offers tremendous flexibility for homeowners, investors, and developers alike. The existing 2-bedroom, 1-bathroom home provides comfortable living and can serve as a rental property or mortgage helper while future development plans are explored. Ideally located with easy access to Highway 33 and within walking distance to Shopping Plaza 33, Ben Lee Park, and Centennial Park, the property is also just minutes from the YMCA, schools, shopping, UBCO, and Kelowna International Airport. With UC4 zoning supporting a diverse mix of medium-density to high-density residential and commercial uses, this property presents an exciting opportunity for redevelopment, with the potential to accommodate approximately 4 to 5 residential units on a single lot. Buyers are encouraged to verify development potential, density allowances, parking requirements, and other development considerations directly with the City of Kelowna. A rare chance to own an affordable property today while securing future upside in one of Kelowna's fastest-growing urban corridors. (id:2493)
Data was last updated October 8, 2026 at 11:15 AM (UTC)
Area Statistics
Listings on market:
155
Avg list price:
$699,998
Min list price:
$70,000
Max list price:
$3,730,000
Avg days on market:
73
Min days on market:
1
Max days on market:
510
Avg price per sq.ft.:
$399.29
These statistics are generated based on the current listing's property type
and located in
Rutland North. Average values are
derived using median calculations. This data is not produced by
the MLS® system.