$1,150,000
Rare high-exposure corner assembly in Kelowna’s growth core! First time offered, this 0.56-acre, 2-lot land assembly has been a multigenerational homestead for nearly 60 years & now presents outstanding potential for multi-family redevelopment in one of the city’s most active corridors. Currently zoned MF1, with potential under MF2 (buyer to verify), the site could support up to 3 storeys & a possible 1.70 FAR. Even more upside under the 2040 OCP, which designates the site CNHD—opening the door to greater density & mixed-use opportunities. Located on a quiet, pedestrian-friendly street yet steps to Ben Lee Park, schools, shopping, transit & daily amenities, the site delivers unbeatable convenience for both current & future residents. Rutland also serves as a key support area for UBCO, ideal for student housing, rentals, or longterm investment. Impeccably maintained properties, featuring beautifully landscaped yards w/ fruit trees and gardens + solid homes w/ walk-outs already plumbed & wired for suite potential--perfect for multi-gen living, or, rental income today & strong redevelopment prospects for tomorrow. Projected rents of $8,000/month offer excellent holding income while development plans take shape. With a nearby site recently approved for a 20-unit project, this assembly is primed for success. Offered at $2,300,000 for both 1090 Houghton Rd & 350 Fleming Rd. Option to add a 0.34acre property increasing the package to 0.91 acres and a nearly 170' X 240' corner lot. (id:64133)
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Property Details
MLS® Number 10379136 Property Type Single Family Neigbourhood Rutland North Features Balcony ParkingSpaceTotal 4 ViewType Mountain View -
Building
Bathroom Total 2 Bedrooms Total 4 Architectural Style Multi-level Basement Type Full Constructed Date 1963 Construction Style Attachment Detached Construction Style Split Level Other Cooling Type Central Air Conditioning Exterior Finish Wood Siding Heating Type Forced Air Roof Material Asphalt Shingle Roof Style Unknown Stories Total 2 Size Interior 1,878 Sqft Type House Utility Water Municipal Water Parking
Additional Parking Attached Garage 1 R V 1 -
Land
Acreage No Landscape Features Underground Sprinkler Sewer Municipal Sewage System Size Irregular 0.28 Size Total 0.28 Ac|under 1 Acre Size Total Text 0.28 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Lower Level Full Bathroom 5'7'' x 8'7'' Lower Level Laundry Room 9'0'' x 12'1'' Lower Level Bedroom 10'10'' x 12'1'' Lower Level Bedroom 10'10'' x 12'9'' Lower Level Living Room 18'8'' x 12'9'' Lower Level Kitchen 11'7'' x 12'1'' Lower Level Living Room 18'8'' x 12'9'' Main Level Dining Room 8'8'' x 12'2'' Main Level Bedroom 10'11'' x 11'10'' Main Level Full Bathroom 5'3'' x 8'5'' Main Level Primary Bedroom 13'1'' x 10'1'' Main Level Kitchen 12'4'' x 12'2''
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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April 28 2026 10:44:11
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