1115 Cactus Road Kelowna, British Columbia V1X 5N3

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2,488 ft²

Forced Air

$1,199,999

This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area! (id:59282)

Property Details

MLS® Number	10344886
Property Type	Other
Neigbourhood	Rutland South
ParkingSpaceTotal	1

Building

Heating Type	Forced Air
Size Interior	2,488 Ft²
Type	Residential Commercial Mix
Utility Water	Municipal Water

Parking

Attached Garage

Land

Acreage	No
Current Use	Mixed Use
Sewer	Municipal Sewage System
Size Irregular	0.46
Size Total	0.46 Ac\|under 1 Acre
Size Total Text	0.46 Ac\|under 1 Acre
Zoning Type	Unknown

Utilities

Electricity Available

Aerial

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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Last Updated
April 24 2025 07:20:07

Data Provider
Okanagan-Mainline Real Estate Board

Listing Office
Engel & Volkers Okanagan

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TESTIMONIALS

Our Valued Clients

Ashley Harvey

Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.
Jen Platman

Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!
Tom S

Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.