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Investment signal

$934,900

716 Lawson Avenue

Save this home

Beds

4

Baths

3

Sqft

Year

1920

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kelowna. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Tucked into one of Kelowna's most walkable neighborhoods, 716 Lawson Avenue puts you minutes from downtown shops, restaurants, and the beach, the kind of location where you can leave the car parked all weekend. This 3 bedroom, 2 bathroom home has been thoughtfully updated over the years, so the big-ticket work is already done. Since 2014, the kitchen cabinets, windows, front door, flooring, appliances, and electrical have all been refreshed, along with an on-demand hot water system, added attic insulation, and skylight tubes that pull natural light deep into the home. The roof was replaced in 2012. A bonus loft gives you flexibility — home office, studio, reading nook, or extra storage, it's yours to shape. Out front, a generous yard and private porch set the tone. Out back, a large deck overlooks a quiet yard that's ready for summer dinners, morning coffee, or kids and pets to roam. The real bonus: a self-contained 1 bed/1 bath in-law suite with separate laundry, ideal for extended family, guests, or mortgage-helping rental income. TS1 — New Transit Supportive Corridors designation. This forward looking zone was established to pre zone key corridors for higher density, mid rise housing, meaning this property carries serious long term development potential (subject to lot specifics and City approvals). Whether you're an investor, a builder, or a homeowner thinking generationally, that's a rare piece of upside to hold. Move in ready today and future ready for tomorrow. (id:65958)

Subtype
Single Family
Structure
House
Community
Kelowna North
Common interest
Freehold
Living area
2,052 square feet
Lot size
0.17 acres
Lot dimensions
0.17
Parking
4 total
Stories
3
Fireplace
1
On market
Apr 19, 2026
Status changed
Apr 23, 2026
Annual tax
$5,486
Photos
38
MLS#
10384014
Area
KELOWNA

Features and systems

Parking

Detached Garage

Appliances

RefrigeratorOven - ElectricCooktop - GasDishwasherHood FanWasher/Dryer Stack-Up

Heating

Baseboard heatersElectric

Cooling

Window air conditioner

Exterior

Stucco

Roof

Asphalt shingleUnknown
Negative cash flow ~$1,025/mo at these assumptions

Cash on cash

-6.58%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,754

Financing

Down payment$186,980
Loan amount$747,920
Mortgage$3,790/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$428
Insurance$80
Maintenance$779
CapEx reserve$390
Vacancy loss$234

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,790/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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