$1,080,000
 $5,798 est/mo Sourced by Back At You

1011-1013 Lawson Avenue,Kelowna, BC V1Y6T3

Kelowna, BC V1Y6T3

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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. (id:13843)

Details

MLS #10402492
Listing TypeFor Sale
StyleDuplex
StatusActive
Year1980
Days On Site30
Listing Provided ByRoyal LePage Kelowna | Ryan Peterson

Features

Bed(s)9
Bath(s) 4 Total
SQ Feet3,930
Garage1
Story(s)1
Acreage0.21

Interior

HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Parking

Parking FeaturesAttached Garage
Parking Total1

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount5738

Area Information

ProvinceBC
CityKelowna
Postal CodeV1Y6T3
Listing VS Median (in V1Y6T3)
Price:
$1,080,000
low | high
Med:
$1,080,000
50% of Average
sqft:
3,930
low | high
Med:
3,930
50% of Average
$ / sqft:
$275
low | high
Med:
$275
50% of Average
On site:
30
low | high
Med:
30
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityKelowna
Postal CodeV1Y6T3
Listing VS Median (in V1Y6T3)
Price:
$1,080,000
low | high
Med:
$1,080,000
50% of Average
sqft:
3,930
low | high
Med:
3,930
50% of Average
$ / sqft:
$275
low | high
Med:
$275
50% of Average
On site:
30
low | high
Med:
30
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $810K - $1.35M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
950 & 952 Stockwell Avenue Property Photo 1
$1,238,000
950 & 952 Stockwell Avenue
Kelowna, BC V1Y6W2
1375 Gordon Drive Property Photo 1
$1,290,000
1375 Gordon Drive
Kelowna, BC V1Y3E9
Listing Updated: October 9, 2026 at 12:19:25 PM PDT