Prime development and investment opportunity in Rutland. Developers and investors have the chance to acquire a land assembly at 195 and 215 Davie Road, a flat 0.68-acre site zoned MF1 in the core of the Rutland community. A preliminary architectural study indicates the potential for up to 18 townhome units across three subdivided lots, with each lot accommodating up to six units. This property is ideally located within minutes of schools, shopping, parks, the YMCA, and public transit, with convenient access to UBC Okanagan and Kelowna International Airport, approximately a 10 to 15-minute drive. The existing home is currently tenanted, providing rental income while development plans are underway. The large 75 by 200-foot lots offer easy access to Highway 33, making this a prime location for future development. Viewings require 24-hour notice as the home is tenant-occupied. All information is deemed reliable but should be independently verified. This is a rare opportunity to invest in a rapidly growing area with strong development potential. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
1
Lot
74 x 0 ft
Features
Irregular lot size
Listing Contract Date
2025-03-21
Municipal ID
002-006-651
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Constructed Date
1965
Construction Style (Attachment)
Detached
Heating Fuel
Electric
Heating Type
Baseboard heaters, Forced air, See remarks
Roof Material
Tar & gravel
Roof Style
Unknown
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Recreation room
Basement
17' x 11'
Bedroom
Basement
17' x 7'
Bedroom
Basement
13' x 11'
Full bathroom
Main level
5'0'' x 7'
Kitchen
Main level
20' x 8'6''
Bedroom
Main level
12' x 10'
Primary Bedroom
Main level
12' x 10'
Family room
Main level
24' x 11'
Living room
Main level
20' x 11'
Kitchen
Additional Accommodation
7' x 7'
Land
Total Size
0.34 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.34
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