1025 Laurier Avenue

Kelowna South Kelowna V1Y 6B2

Priced BELOW Assessment! A fantastic opportunity for multigenerational living, rental income, or future development, this updated character home offers exceptional privacy and flexibility. Situated on a 0.15-acre lot, the blank-canvas backyard is ideal for outdoor living ideas or a future shop. The upper level is warm and inviting, featuring two bedrooms, a full bathroom, and generous living spaces filled with natural light. Highlights include an oversized upper deck, gated backyard, and a functional layout well-suited for extended family living or rental potential. The lower level hosts a bright, fully legal 2-bedroom, 1-bath suite with a separate rear entrance. Above-grade windows flood the open great room with natural light, complemented by an upgraded kitchen, in-suite laundry, and a newer hot water tank. Thoughtful design ensures excellent privacy, with no internal access between the upper and lower homes. Developers take note: this property can be included in a two-title land assembly with the adjacent duplex at 1033/1035 Laurier, creating a prime 16,533 sq. ft. MF1-zoned development site with a combined 125 feet of road frontage. Both properties historically generated holding income. Combined package deal price $1.785 million ( $685k for 1025 Laurier and $1.1 million for Duplex at 1033/1035 Laurier) A versatile offering with immediate value and long-term upside—ideal for multigenerational buyers, investors, or developers. Don’t miss this exceptional opportunity. (id:2493)