Property Description
Prime Redevelopment & Investment Opportunity! Discover the exceptional potential of this expansive 0.83-acre property located in one of the area’s most sought-after, high-growth neighborhoods. Zoned MSH (Medium Scale Housing), this property is perfectly positioned for multi-family development, townhomes, row housing, fourplex or sixplex builds (buyer to verify), making it an ideal investment for builders, developers, and long-term strategic investors. The property currently features a well-maintained 6-bedroom, 3-bathroom home with numerous updates, move-in ready, and generating immediate rental income. Five rooms are presently rented month-to-month, providing a steady cash flow while you navigate planning, design, zoning, and development approvals. An accessory outbuilding offers storage and functionality for contractors, hobbyists, or equipment, and there is ample parking for RVs, boats, and recreational vehicles. This generational investment is set in a walkable, family-friendly area, just minutes to shopping centers, schools, transit routes, parks, and recreation. This redevelopment parcel availability is a rare opportunity to secure a high-value land holding with future appreciation upside. Whether you choose to redevelop now, phase construction, or hold for long-term capital growth, this property delivers extraordinary versatility and lasting value. (id:6770)
Overview
Price
$
1,695,000
MLS #
10367263
Age
1944
Size
2746 sqft
Lot Size
0.83
acres
Bedrooms
6
Bathrooms
3
Exterior
Stucco
Cooling
Central air conditioning
Appliances
Refrigerator, Dishwasher, Dryer, Range - Electric, Range - Gas, Microwave, Washer
Water
Municipal water
Sewer
Municipal sewage system
Flooring
Carpeted, Vinyl
Property Type
Single Family
Roof
Unknown
Zoning Type
Unknown
Local Amenities
Golf Nearby, Public Transit, Park, Recreation, Schools, Shopping, Ski area
Stories
2
Listing Office
eXp Realty (Kelowna)
Basement
Storage
6'10'' x 6'0''
Utility room
7'5'' x 6'3''
Bedroom
14'0'' x 10'1''
Living room
14'0'' x 11'10''
Storage
17'11'' x 6'0''
Kitchen
16'7'' x 8'7''
Laundry room
17'4'' x 5'8''
4pc Bathroom
7'0'' x 8'6''
Main level
Dining room
15'9'' x 9'10''
Living room
15'9'' x 13'5''
Kitchen
13'1'' x 17'6''
Foyer
8'9'' x 6'0''
Bedroom
10'0'' x 11'5''
Primary Bedroom
11'6'' x 11'5''
3pc Ensuite bath
8'1'' x 7'11''
Bedroom
8'11'' x 8'0''
4pc Bathroom
9'4'' x 6'0''
Second level
Foyer
5'10'' x 14'9''
Bedroom
13'5'' x 23'8''
Bedroom
13'5'' x 11'9''
Begin Your Journey
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