Welcome to 1206 Lawson Avenue, an exceptional property offering huge potential. This flat 0.21 acre lot has the desirable TS1 zoning, allowing for future development of higher density multi-family housing. This location is a short walk to grocery and amenities, an elementary school, transit, and Kelowna's vibrant downtown. This charming 4-bedroom home has 3 bedrooms on the main level (one currently set up with laundry) and offers a full basement for future development. The floor plan is functional and well suited for a future secondary suite. This home is full of authentic mid-century touches and features a full basement, providing a great foundation for your renovation and updating ideas. The flat yard is fully irrigated yard with plenty of space for gardening, play and outdoor storage. This property is equally suited for buyers looking to update and enjoy a character Downtown Kelowna home or savvy investors eyeing future redevelopment opportunities in a premier central location.