EXCELLENT OPPORTUNITY FOR DEVELOPMENT OR FUTURE LAND ASSEMBLY! This corner lot offers frontage on Ethel Street, Stockwell, and a rear laneway, presenting a remarkable prospect for future land development. The city has confirmed that in a redevelopment scenario there is likely 3 units that could be achieved onsite. On this downtown property, you will find a well-maintained older home boasting 2 bedrooms, 1 bathroom, 904 sqft of living space, and a double detached garage. Currently,the home is under a month-to-month tenancy. Discover the best of Kelowna living, with easy access to the cultural district, waterfront boardwalk, Prospera Place Arena, the Casino, art galleries, fine dining establishments, and a variety of parks including Knox Mountain. This property presents a unique investment opportunity in the heart of Kelowna's vibrant urban landscape.