Kelowna North, Kelowna
1011-1013 Lawson Avenue
Kelowna North, Kelowna, British Columbia, V1Y 6T3
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.
Property details
Property summary
- MLS® #
- 10402492
- Listing price
- $1,080,000
- Property subtype
- Single Family
- Title
- Freehold
- Square footage
- 3,930 sqft
- Lot size
- 0.21 acres (9,148 sq ft)
- Lot dimensions
- 76 x 118 ft
- Annual property tax
- $5,738 (2025)
- Parcel number (PID)
- 003-859-207
- Year built
- 1980 (46 years old)
Bedroom & bathroom
- Total bedrooms
- 9
- Total bathrooms
- 4
- Partial bathrooms
- 0
Heating & cooling
- Heating type
- Baseboard, Electric
Building
- Architectural style
- 2 Level
- Stories
- 1
- Water
- Public
- Sewer
- Public sewer
- Parking
- Attached, Garage
Market read
At $275 per sq ft of finished area, it is listed 17% below the $332 per sq ft median of the 10 duplexes that sold between $810K and $1.4M in the Central Okanagan over the last 12 months, and 29% below the $385 per sq ft median of the 12 listed in that range now.
12 active listings against 10 sales in a year is about 14 months of supply in this range, at the past year's pace. Those sales took a median 65 days and sold at a median 97.8% of their final list price.
On the market 22 days under this listing, at its original price.
Association of Interior REALTORS® MLS® data, as of October 24, 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.
Location
Neighbourhood Access
Neighbourhood Access
Exceptional
A main grocery a 3-minute walk away; 52 restaurants and cafés within a 15-minute walk; a transit stop 2 minutes away; a park or trail 1 minute away.
- Nearest main grocery
- 3 min walk
- Park or trail
- 1 min walk
- Nearest transit
- 2 min walk, 89 trips/weekday
- Nearest school
- 12 min walk
- Restaurants & cafés
- 52 within a 15-min walk
- Shops & services
- 82 within a 15-min walk
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.