Kelowna’s key transit-oriented redevelopment areas, offering significant future land value and development upside. Whether you’re looking to hold and generate income, or plan for future redevelopment (City approval required). Commercial potential including Medical Clinic, Physiotherapy, Dental or Wellness Clinic, Professional Services such as a Law Office, Accounting/Financial Advisory or Boutique Retail/Service. Kelowna’s Official Community Plan has a future land use of C-HTH, Core Area Health District with the purpose to integrate the KGH campus with the neighbouring residential areas (Supported uses include: Hospital, small scale commercial, multi residential). Currently on the Heritage Registry, the home showcases classic architectural charm and a strong presence, making it both a unique residence and a strategic investment. Surrounded by ongoing development, steps to Okanagan Lake, and in the center of one of Kelowna’s most walkable areas, this property offers a compelling combination of lifestyle, location, and long-term value. A rare holding property with history, character, and serious upside. (id:62650)