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$ 1,650,000
Est. payment /mo
Active
1007-3425 Lanfranco-Barberry Road Kelowna, BC V1W3X2
0.34 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Lower Mission
MLS® Listing ID 10337052
Originating Board Association of Interior REALTORS®
Lot Size 0.340 Acres
Acres 14810.4
Property Description
Prime Development Opportunity in Lower Mission A rare investment opportunity in one of Kelowna's most sought-after neighborhoods! 1007 Lanfranco presents a proposed 8-unit townhouse development in the heart of Lower Mission, offering contemporary designs with rooftop patios, double car garages, and elevators. With MF2 zoning and Development Permit approval secured, this property is primed for future development. Additionally, there is potential to subdivide into three lots under MF1 zoning (details available upon request). For investors seeking immediate returns, the existing home on the lot provides strong rental income potential, making this an excellent holding property while planning the next steps. Ideally located with easy access to top-rated schools, parks, shopping, and Okanagan Lake, this site is perfectly positioned to meet the increasing demand for quality housing in Kelowna. Elevar Properties has already completed the necessary rezoning and development approvals, ensuring a smooth transition for the next owner. This is a rare chance to acquire a prime development site with both short-term income potential and long-term growth value. Contact us today for more details! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Listed by Oakwyn Realty Okanagan
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