875/877 Jones Street, Kelowna, British Columbia

$1,220,000

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4

Beds

3

Baths

2,786

Square feet

0.15

Acres

About 875/877 Jones Street

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:36535)

Features of 875/877 Jones Street

Listing # 10337296
Price $1,220,000
Bedrooms 4
Bathrooms 3.00
Square Footage 2,786
Acres 0.15
Year Built 1959
Type Single Family
Sub-Type Freehold
Style Other

Community Information

Address 875/877 Jones Street
Subdivision Kelowna North
City Kelowna
Province British Columbia
Postal Code V1Y2S6

Amenities

Amenities Golf Nearby, Park, Recreation, Shopping
Features Level lot, Central island
Parking Spaces 2
Parking Attached Garage, See Remarks
# of Garages 1
View Mountain view
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Heating Forced air, See remarks
Cooling Central air conditioning
Fireplace Yes
Fireplaces Gas
# of Stories 2
Has Basement No

Exterior

Exterior Stucco
Exterior Features Level
Roof Asphalt shingle

Additional Information

Zoning Multi-Family

Listing Details

OfficeCourtesy Of Chris Veale and Luigi Mastrobuono Of Oakwyn Realty Okanagan

Listing Map