2786 sqft Single Family House
875/877 Jones Street, Kelowna

$1,195,000

Prime Location – Exceptional Investment Opportunity! Nestled at the base of Knox Mountain, this centrally located property offers unparalleled access to Kelowna’s vibrant downtown lifestyle. Just steps from beaches, parks, hiking trails, the Brewery District, and top-rated restaurants, this location is truly unbeatable. The property features a 2-bedroom, 1-bathroom main house alongside a custom-built 2-bedroom, 2-bathroom carriage home constructed in 2016 by Harmony Homes. The second dwelling presents a fantastic opportunity for rental income, multi-generational living, or guest accommodations. The modern carriage home boasts an open-concept design with a spacious living area, a generous primary suite with direct access to a fully fenced backyard, and contemporary finishes throughout. Meanwhile, the charming main house offers a functional layout with two spacious bedrooms, a full bathroom on the main level, and an unfinished basement, allowing for further potential. Significant upgrades include: Windows (2012), Roof (2015/2016), HWT (2022), Flooring (2020). With MF1 zoning and the potential for rezoning to MF2, this property offers significant development potential in a highly sought-after area. Additionally, the upcoming Tolko Site redevelopment further enhances the future value of this prime investment. Seize the opportunity to own a property in one of Kelowna’s most desirable locations—whether as a personal residence, rental investment, or future development project. (id:6770)