For Sale: 1011-1013 Lawson Avenue, Kelowna, BC - REW
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$1,080,000
9 bd • 4 ba • 3930 sf • Duplex

1011-1013 Lawson AvenueKelowna, BC, V1Y 6T3

Central City
  • 9 Bed
  • 4 Bath
  • 3930 Sqft
  • Duplex

About this home

INVESTORS • DEVELOPERS • MULTI-GENERATIONAL FAMILIES — 1st time offered for sale in 34 years! This full side-by-side duplex presents a rare opportunity to generate rental income, accommodate extended family, or landbank a prime site for redevelopment. Situated on a 0.21-acre corner lot in Downtown Kelowna, the property offers approx. 117 ft of frontage along Lawson Avenue and 76 ft along Graham Street. Its TS1 zoning supports higher-density infill and a variety of residential formats, including apartments, townhomes, and long-term rental housing. The site permits development of up to 6 storeys and a max. density of 2.05 FAR, with the potential for an additional 0.3 FAR bonus for qualifying rental or affordable housing projects. The 1013 residence offers 5 bedrooms and 2 full bathrooms. The main level features a kitchen, living room, 3 bedrooms and a full bathroom, while the lower level provides two additional bedrooms, a second full bathroom and excellent potential for an in-law suite. Following water damage in 2024, the affected areas were professionally remediated by Total Restoration. The 1013 side is a blank canvas for renovation. The 1011 residence offers 4 bedrooms and 2 full bathrooms and is currently tenant-occupied, providing immediate rental income. Located within 80m of a Transit Supportive Corridor and less than 1 km from Downtown Kelowna and the future UBC Okanagan downtown campus. Parks, beaches, shopping, restaurants and transit are all nearby. (id:63626)

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,738
Home facts
Bedrooms
9
Full Bathrooms
4
Parking Spaces
1
Parking Details
Attached Garage
Property Type
Duplex
Lot Size
9147 ft²
Depth
Year Built
Built in 1980 (46 yrs old)
Title
Freehold
Heating Type
Baseboard heaters, Electric
Community
Agent details
Primary Agent
Ryan Peterson PREC*
Primary Broker
Royal LePage Kelowna
Listing details
Days on REW
3 Days
Property Views
24
MLS® Number
10402492
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Bankhead Elementary School
  • Public
  • K - 6
St Joseph Elementary School
  • Independent
  • K - 7
A S Matheson School
  • Public
  • Pre-K - 6
Glenmore Elementary School
  • Public
  • K - 6
Kelowna Secondary School
  • Public
  • 10 - 12
Raymer School
  • Public
  • Pre-K - 6
KLO Middle School
  • Public
  • 7 - 9
Immaculata Regional High School
  • Independent
  • 8 - 12
Kelowna Christian School
  • Independent
  • K - 12
Watson Road Elementary School
  • Public
  • K - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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