651 Richter Street

About this home

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:66966)

Details

Type

Detached

Style

Ranch

Size

2093 sq ft

Property tax

$4,255

Neighbourhood

Kelowna North

Municipality

Kelowna

Interior

Fireplace

No

Heating, cooling and services

Heating

Forced air, See remarks

Air conditioning

Central air conditioning

Water and sewer

Municipal sewage system

Building and exterior

Style

Ranch

Year built

1969

Parking

Total parking

5

Driveway and parking

Carport, Additional Parking

Rooms

Location

Location is approximate. See nearby homes on the map