About This Property
ATTENTION DEVELOPERS & INVESTORS! Prime opportunity in the heart of Kelowna! This well-maintained single-family home with a carriage house offers exceptional potential. Currently zoned MF1 within the C-NHD allowing for a townhome development. This lot is oversized at 70' wide X 113' deep & has alley access. The City of Kelowna has recently installed new sewer lines along the alley, further enhancing development readiness. In the meantime, both the main home and carriage home offer strong rental income making this an excellent holding property. Currently generating $5200/mo in rental income. Main Home is 3Bed / 2bath @ 1373sqft /Carriage Home is 2Bed / 2bath @ 971sqft. This is a must see! (id:64973)
At $575 per square foot, this Kelowna property is priced slightly above the city's current median of $530 per square foot, likely due to its prime location and development potential. Developers or real estate investors seeking a turnkey opportunity with strong rental yield and a chance to capitalize on Kelowna's thriving housing market would be well-suited for this offering.
Property Details
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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
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