Situated on a mature, tree-lined street in the heart of Kelowna, this MF1-zoned property offers an exceptional opportunity for infill development. With dimensions of 51.7' x 122', this lot aligns with the City of Kelowna’s Infill Housing Guidelines and falls under the C-NHD (Core Area Neighbourhood) designation in the Official Community Plan (OCP) Future Land Use, making it a prime candidate for multi-family residential development. This property is located near the Active Transportation Corridor on Ethel Street, providing convenient access to walking and cycling routes, as well as public transit. The existing home features two bedrooms and one bath on the main level, with a separate entrance to the lower level that includes an additional bedroom and bath, offering excellent suite potential. The fully fenced backyard provides ample space for outdoor enjoyment, while the covered deck allows for year-round use. Whether you are looking for an investment property, rental income potential, or a prime development site, this property offers a range of possibilities. All measurements and information are approximate; buyers should verify if deemed important.