$699,000
PRIME DEVELOPMENT & INVESTMENT OPPORTUNITY IN WESTBANK URBAN CENTRE! Located in the heart of the Westbank Urban Centre – Commercial Core (Area B), this strategically positioned property offers exceptional future redevelopment potential in one of West Kelowna's fastest-growing corridors. The 0.172-acre (696.06 sq. m.) site is currently zoned RC1 (Compact Residential) and designated WUC-CC (Westbank Urban Centre – Commercial Core) under the Official Community Plan. Proposed OCP policies support the potential for mixed-use development up to 15 storeys, making this an attractive opportunity for developers and investors seeking future density and urban growth potential. The property also features convenient back lane access, a large detached shop, and a layout that may be well-suited for future infill opportunities, including a potential 4-plex development subject to municipal approvals. In the meantime, the property serves as an excellent holding property, featuring three-bedroom, one-bathroom home generating cash flow while planning for future redevelopment. Situated along a high-traffic corridor with excellent exposure and accessibility, the property is surrounded by ongoing growth and future development. Conveniently located near schools, shopping, restaurants, public transit, golf courses, Superstore, and the Johnson Bentley Memorial Aquatic Centre. (id:64133)
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Property Details
MLS® Number 10388531 Property Type Single Family Neigbourhood Westbank Centre ParkingSpaceTotal 2 -
Building
Bathroom Total 1 Bedrooms Total 3 Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer Architectural Style Ranch Basement Type Cellar Constructed Date 1947 Construction Style Attachment Detached Exterior Finish Vinyl Siding Heating Type Forced Air, See Remarks Roof Material Asphalt Shingle Roof Style Unknown Stories Total 2 Size Interior 1,250 Sqft Type House Utility Water Municipal Water Parking
See Remarks Additional Parking Detached Garage 2 -
Land
Acreage No Fence Type Fence Sewer Municipal Sewage System Size Irregular 0.17 Size Total 0.17 Ac|under 1 Acre Size Total Text 0.17 Ac|under 1 Acre -
Rooms
Level Type Length Width Dimensions Second Level Bedroom 16'1'' x 9'3'' Second Level Bedroom 9'11'' x 9'9'' Main Level 4pc Bathroom 7'2'' x 7'11'' Main Level Laundry Room 16'0'' x 12'9'' Main Level Primary Bedroom 12'1'' x 10'6'' Main Level Dining Room 10'2'' x 10'8'' Main Level Kitchen 15'5'' x 5'5'' Main Level Living Room 16'0'' x 12'9''
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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June 04 2026 03:32:06
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