5 Bedrooms

3 Bathrooms

2,975 ft²

$1,839,000

Prime Development (5plex or 2 lot subdivision) or Holding Opportunity in Lower Mission Discover the endless potential with this 0.4-acre flat lot, measuring 104 x 168 feet, located in one of the most sought-after residential neighbourhoods in the Lower Mission. This prime property offers an incredible opportunity for development or as a holding investment. Centrally located, you'll be just minutes away from Lake Okanagan, stunning beaches, highly regarded schools, and a variety of shopping and amenities. The current home features a spacious 3-bedroom layout on the upper level, complemented by a lower-level in-law suite—ideal for extended family or rental income. The property offers fantastic flexibility for those looking to either develop or renovate. The City of Kelowna has indicated strong support for development options, including the potential to build 5 townhomes or to subdivide the lot, allowing for a single-family home plus a duplex. The lot is also large enough to facilitate a rezoning to MF1 (Multi-Family Low Density). Interested buyers are highly recommended to conduct their own due diligence with the city to explore these exciting possibilities further. 5plex and detached/attached development available on request. (id:59282)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10339104
  Property Type	Single Family
  Neigbourhood	Lower Mission
  AmenitiesNearBy	Recreation, Schools, Shopping
  CommunityFeatures	Family Oriented
  Features	Level Lot, Private Setting, One Balcony
  ParkingSpaceTotal	5

• Building

  Bathroom Total	3
  Bedrooms Total	5
  Basement Type	Full
  Constructed Date	1974
  Construction Style Attachment	Detached
  Cooling Type	Central Air Conditioning
  Exterior Finish	Brick, Stucco
  Flooring Type	Carpeted, Laminate
  Heating Fuel	Electric
  Heating Type	Forced Air, See Remarks
  Stories Total	2
  Size Interior	2,975 Ft2
  Type	House
  Utility Water	Municipal Water

  Parking

  See Remarks
  Attached Garage	1

• Land

  Access Type	Easy Access
  Acreage	No
  Fence Type	Fence
  Land Amenities	Recreation, Schools, Shopping
  Landscape Features	Level
  Sewer	Municipal Sewage System
  Size Frontage	104 Ft
  Size Irregular	0.4
  Size Total	0.4 Ac|under 1 Acre
  Size Total Text	0.4 Ac|under 1 Acre
  Zoning Type	Unknown

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	Bedroom			13'4'' x 8'1''
  Second Level	Bedroom			13'4'' x 8'1''
  Second Level	3pc Ensuite Bath			Measurements not available
  Second Level	Primary Bedroom			15'6'' x 14'2''
  Second Level	4pc Bathroom			Measurements not available
  Second Level	Kitchen			13'7'' x 11'1''
  Second Level	Dining Room			13'10'' x 11'6''
  Second Level	Living Room			18'6'' x 13'5''
  Main Level	3pc Bathroom			Measurements not available
  Main Level	Laundry Room			7'8'' x 13'5''
  Main Level	Dining Room			8'2'' x 13'3''
  Main Level	Family Room			13'6'' x 18'9''
  Main Level	Kitchen			8'9'' x 9'3''
  Main Level	Bedroom			11'3'' x 12'2''
  Main Level	Bedroom			12'6'' x 13'7''