Kelowna South, Kelowna
Kelowna South, Kelowna, British Columbia, V1Y 5X6
Prime redevelopment and investment opportunity in the heart of Kelowna. Situated on highly desirable corner lot along Sutherland Avenue with lane access, this exceptional property is located within a major transit-supported corridor in one of Kelowna's most vibrant and rapidly evolving neighbourhoods. This rancher-style home features 3 bedrooms, 3 bathrooms, plus a self-contained BACHELOR SUITE with its own private entrance, providing added flexibility for extended family, guests, or potential rental income. At the rear of the property, a detached garage/shop with convenient lane access offers excellent space for a workshop, storage, vehicles, or hobby use. The generous lot also provides ample parking for an RV, boat, trailer, or other recreational toys. The private backyard features a mature apple tree, adding character, seasonal fruit, and a peaceful outdoor setting to enjoy those Okanagan summers. Unbeatable central location just minutes from downtown Kelowna, KGH, Okanagan Lake, beaches, schools, shopping, and everyday amenities, with convenient public transit right at the curb. Whether you're planning your next redevelopment project, expanding your investment portfolio, or securing a property with exceptional long-term potential, this is a rare opportunity to own in one of Kelowna's most sought-after growth corridors.
At $503 per sq ft of finished area, it is listed 35% above the $372 per sq ft median of the 1073 detached homes that sold between $712K and $1.2M in the Central Okanagan over the last 12 months, and 26% above the $399 per sq ft median of the 536 listed in that range now.
536 active listings against 1073 sales in a year is about 6 months of supply in this range, at the past year's pace. Those sales took a median 41 days and sold at a median 97.4% of their final list price.
Across Kelowna South, 85 detached homes sold in the last 12 months at a median $808,800 ($450 per sq ft), in a median 43 days, at 96.3% of final list price; 84 are listed now.
On the market 9 days under this listing, at its original price. Board records show it was listed before, with at least 76 days on market in total.
Association of Interior REALTORS® MLS® data, as of October 23, 2026. Sales are dated by accepted offer over the last 365 days. The price range is this list price plus or minus 25 percent, for the same kind of home in the same board area. Medians appear only where at least five properties qualify. Price per square foot uses total finished area, above and below grade together, so it is a check on price, not a valuation.
Parcel area and local government from ParcelMap BC; zoning from the published zoning map of the City of Kelowna; ALR from the Agricultural Land Commission boundary; floodplains from the Province’s designated floodplain mapping, which is decades old and incomplete, so local governments set flood construction levels and the absence of a designation here is not a clearance. The lie of the land is measured from the Province's LidarBC 1 m bare-earth elevation model, flown in 2025, across the parcel itself; it reads the ground, not the buildings, so banks and retaining walls count as steep ground. None of this replaces a title search, a survey or confirmation with the local government, which is the authority on zoning.
Neighbourhood Access
Exceptional
A main grocery an 8-minute walk away; 23 restaurants and cafés within a 15-minute walk; a transit stop under a minute away; a park or trail 4 minutes away.
Neighbourhood Access is produced by A.L.I.C.E. from OpenStreetMap, BC Transit and BC school data, using network walking, cycling and transit distances from this address with an Okanagan terrain adjustment. We strive for accuracy, but the figures are indicative and should be independently verified.