About This Property
MASSIVE PRICE REDUCTION – PRIME REDEVELOPMENT POTENTIAL. Positioned in the heart of West Kelowna Centre, this freehold property is a high-yield holding investment with extraordinary upside. With the newly adopted OCP supporting significantly higher density—including potential building heights up to 12 storeys along the Brown Road corridor—this is a strategic site for multi-family development. The existing home is perfect for immediate rental income, featuring a 2-bedroom in-law suite with a separate entrance. A massive, wired shop with a workbench adds additional value for tenants or owners. Steps from transit, shopping, and medical offices, this is a rare chance to secure a footprint in the city’s primary growth hub. Must be sold! (id:64973)
The $376 price per square foot is competitive for the West Kelowna market, and the property's significant redevelopment potential makes it an attractive investment opportunity. Savvy developers will be drawn to this site due to the newly adopted OCP that supports higher-density multi-family projects, making it well-suited for those seeking to capitalize on the area's growth potential.
Property Details
Location
Interested in buying in West Kelowna?
Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Canadian Real Estate Association. Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the FVREB, REBGV or CADREB, which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver, the Fraser Valley Real Estate Board, or the Chilliwack and District Real Estate Board.