Property description for 471 Cadder Avenue, Kelowna, BC V1Y 5N2

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Opportunity in one of Kelowna’s most sought-after locations. This MF4-zoned property at 471 Cadder Ave offers strong holding value with future development potential, complete with desirable corner positioning and lane access. Set on a 0.15-acre lot, this 1,800+ sq ft home provides flexibility for investors looking to generate income now while planning for what’s next. The home features 2 bedrooms and 3 bathrooms, with a layout that lends itself well to a potential suite thanks to a separate entrance. Key mechanical updates include a furnace (5 years), hot water tank (8 years), and a roof approximately 10 years old—giving confidence for the years ahead. The location is where this property truly stands out. Just a short walk to Abbott Street, Okanagan Lake, and nearby parks, this is a highly desirable area for both tenants and future redevelopment. With a walk score of 81 and a bike score of 92, getting to downtown Kelowna is quick and effortless by bike or e-scooter. Whether you’re looking to hold, rent, or explore development potential, this is a rare opportunity to secure a prime piece of land in a location that continues to see strong demand. (id:38686)

QUICK OVERVIEW

Built in 1950
$493 / Sq Ft
3 parking spaces
Baseboard heaters, Forced air, Electric, See remarks
1 Day on website
0.15 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

ADDITIONAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Brandon Grass

Listing Office Exp Realty (kelowna), 833-817-6506

Updated Thursday, April 23, 2026 at 11:55:20 PM

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NEIGHBOURHOOD

About the Central City Neighbourhood

Central City is a fairly good sector to buy a house in for those who prefer a relaxed atmosphere. Public green spaces are very easy to reach since there are around 30 of them close by for residents to unwind in. This part of Kelowna is also fairly good for those who need quiet surroundings, as there isn't a lot of street noise or city clamour.

Learn more about Central City

Groceries

At least one supermarket within a 10-minute walk

Daycares

At least one daycare within a 5-minute walk

Elementary Schools

At least one elementary school within a 15-minute walk

Cycling friendly

Suitable for bicycle commuting and/or recreational cycling

Parks

Very large amount of park space within a few minutes' walk

CLIMATE RISK FOR V1Y 5N2

Mortgage Payments for 471 Cadder Avenue, Kelowna, BC V1Y 5N2

$4,036

Monthly

Estimated Payment

$848,000

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471 CADDER AVENUE, KELOWNA, BC V1Y 5N2