Now vacant with a fresh new look! Discover the allure of this 5-bed, 2-bath home on a large 0.38-acre lot in Lower Mission including mature cedars and a tranquil creek. With suite potential downstairs, $60,000+ in recent upgrades, and proximity to beaches, Lake Okanagan, and dining options, this property is ripe with opportunity. 2024 Kelowna housing legislation changes have created the possibility to turn some RU1 properties into up to 4 units. Buyer to do all due diligence and obtain permits. Enjoy the convenience of lakeside living with amenities within walking distance, including beaches, boat launches, and restaurants. Recent upgrades, such as a new roof and stainless steel appliances, enhance the original charm of this residence. The lower level boasts a separate entrance, two bedrooms, and ample storage, offering potential for a self-contained secondary suite. Step onto the covered balcony and take in views of the private greenspace and Bellevue Creek, creating a serene escape from the hustle and bustle. Positioned on a quiet cul-de-sac, this residence offers the perfect blend of privacy and accessibility, making it an idyllic retreat for families, investors, or anyone seeking the ultimate Okanagan lifestyle. Whether you're looking for a lucrative investment or a place to call home, this property promises endless potential. Ask us about a "purchase plus improvements" mortgage which could allow you to be reimbursed for renovations.