Rare opportunity in one of Kelowna’s most central neighborhoods! This large 0.16-acre, level lot is zoned UC2, offering incredible potential for redevelopment or as a solid holding property. Located directly across from Mill Creek and the city’s exciting park expansion, this property promises lasting appeal and strong future value. The adorable 641 sq ft home features 2 bedrooms and 1 full bath, connected to city water and sewer, and is full of charm with plenty of life left- ideal as a rental or a cozy personal residence with the right TLC. The yard is fully fenced, and there’s plenty of off-street parking plus room for an RV. The UC2 zoning provides flexibility for a range of development options including duplexes, townhomes, or small multi-unit projects. Set in a thriving area that’s part of Kelowna’s urban growth plan, you’ll love the convenience to parks, schools, transit, shopping, and downtown. A unique chance to invest, hold, or build in one of the city’s most promising locations!