1011-1013 Lawson Avenue
Kelowna, British Columbia
MLS® 10402492
$1,080,000
- Status
- Active
- Property type
- House
- MLS® number
- 10402492
- Bedrooms
- 9
- Bathrooms
- 4
- Year built
- 1980
Listing description
INVESTORS • DEVELOPERS • MULTI-GENERATIONAL FAMILIES — 1st time offered for sale in 34 years! This full side-by-side duplex presents a rare opportunity to generate rental income, accommodate extended family, or landbank a prime site for redevelopment. Situated on a 0.
21-acre corner lot in Downtown Kelowna, the property offers approx. 117 ft of frontage along Lawson Avenue and 76 ft along Graham Street. Its TS1 zoning supports higher-density infill and a variety of residential formats, including apartments, townhomes, and long-term rental housing.
The site permits development of up to 6 storeys and a max. density of 2. 05 FAR, with the potential for an additional 0.
3 FAR bonus for qualifying rental or affordable housing projects. The 1013 residence offers 5 bedrooms and 2 full bathrooms. The main level features a kitchen, living room, 3 bedrooms and a full bathroom, while the lower level provides two additional bedrooms, a second full bathroom and excellent potential for an in-law suite.
Following water damage in 2024, the affected areas were professionally remediated by Total Restoration. The 1013 side is a blank canvas for renovation. The 1011 residence offers 4 bedrooms and 2 full bathrooms and is currently tenant-occupied, providing immediate rental income.
Located within 80m of a Transit Supportive Corridor and less than 1 km from Downtown Kelowna and the future UBC Okanagan downtown campus. Parks, beaches, shopping, restaurants and transit are all nearby.
Property summary
- MLS® number
- 10402492
- Property type
- Single Family
- Building type
- Duplex
- Square footage
- 3,930 sq ft
- Title
- Freehold
- Land size
- 0.21 acres
- Built in
- 1980
- Annual property taxes
- $5,738.00
- Parking
- 1 space · Attached Garage
- Days on market
- 12 days
Features & details
- Heating
- Baseboard heaters, Electric
What would this home cost you?
Based on the $1,080,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage Kelowna, Kelowna.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.