163 Cariboo Road Active Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1V2E4
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,864 sqft
Price per Sqft $488
Subdivision North Glenmore
MLS Listing ID 10332173
Bedrooms 5
Year Built 1972
Lot Size 0.380 Acres
Property Sub-Type Freehold
Property Description
This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.38-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 157 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 5-bedroom plus den, 3-bathroom country cottage with a covered backyard. It is rented to a wonderful family at $4,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 2.0
Interior
Heating Forced air,See remarks
Cooling Wall unit
Flooring Laminate
Exterior
Parking Features Yes
Garage Spaces 1.0
Garage Description 1
View Y/N No
Roof Type Unknown
Building
Story 2
Sewer Municipal sewage system