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651 Richter Street, Kelowna

Property Description

DOWNTOWN KELOWNA LOCATION, CORNER LOT, AND SIGNIFICANT FUTURE DEVELOPMENT POTENTIAL - this one is worth a look! This 2,093 sqft. raised bungalow sits directly beside Knox Mountain and offers a flexible layout for investors, homeowners, or developers. The main level features 2 bedrooms, 1 bathroom, an oversized living room, dining area, and kitchen with access to an 8' x 16' covered rear deck. Downstairs offers an additional bedroom and bathroom, large recreation room, and kitchenette, perfect for a separate suite. Recent updates include a new bathroom, new hot water tank, and new A/C motor in 2026. The furnace was replaced in 2015 and the roof in 2007. A covered carport accommodates up to 3 vehicles, with 2 additional parking spaces. Set in a quiet, established neighbourhood just minutes from downtown, with Knox Mountain hiking trails, the dog park, free boat launch, Okanagan Lake, restaurants, shops, and the growing Kelowna North area all close by. The property itself is zoned for higher-density development, while the nearby Kelowna Mill Site is planned for future redevelopment into expanded public parkland and beachfront, approximately a 5-minute walk away - adding even more appeal to this already well-positioned property. Whether you're looking for a home with a mortgage helper, a rental property, a long-term hold, or a future redevelopment opportunity, there is plenty to work with here! (id:47466)

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Full Address:
651 Richter Street, Kelowna, British Columbia
Price:
$ 864,950
MLS Number:
10399090
List Date:
August 30th, 2026
Neighbourhood:
Kelowna North
Lot Size:
0.12 ac
Year Built:
1969
Taxes:
$ 4,255

Property Details

Bedrooms:
3
Bathrooms:
2
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks

Interior Features

Architectural Style:
Ranch
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Carport, Additional Parking
Ownership Type:
Freehold
Taxes:
$ 4,255

Building Features

Finished Area:
2093 sq.ft.

Floors

Lot Size:
0.12 ac

Land

Amenities Nearby:
Pets Allowed

Neighbourhood Features

Ratings

Commercial Info

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Steve Thompson
Name(Required)
Agent: Drew IrvineOffice: Realty One Real Estate Ltd

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