Rare high-exposure corner assembly in Kelowna’s growth core! First time offered, this 0.56-acre, 2-lot land assembly has been a multigenerational homestead for nearly 60 years & now presents outstanding potential for multi-family redevelopment in one of the city’s most active corridors. Currently zoned MF1, with potential under MF2 (buyer to verify), the site could support up to 3 storeys & a possible 1.70 FAR. Even more upside under the 2040 OCP, which designates the site CNHD—opening the door to greater density & mixed-use opportunities. Located on a quiet, pedestrian-friendly street yet steps to Ben Lee Park, schools, shopping, transit & daily amenities, the site delivers unbeatable convenience for both current & future residents. Rutland also serves as a key support area for UBCO, ideal for student housing, rentals, or longterm investment. Impeccably maintained properties, featuring beautifully landscaped yards w/ fruit trees and gardens + solid homes w/ walk-outs already plumbed & wired for suite potential--perfect for multi-gen living, or, rental income today & strong redevelopment prospects for tomorrow. Projected rents of $8,000/month offer excellent holding income while development plans take shape. With a nearby site recently approved for a 20-unit project, this assembly is primed for success. Offered at $2,300,000 for both 1090 Houghton Rd & 350 Fleming Rd. Option to add a 0.34acre property increasing the package to 0.91 acres and a nearly 170' X 240' corner lot. (id:47421)
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Detailed Information
Bedrooms
4
Bathrooms
2
Features
Balcony
Listing Contract Date
2026-03-11
Municipal ID
003-599-175
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view
Building
Architectural Style
Multi-level
Basement Type
Full
Constructed Date
1963
Construction Style (Attachment)
Detached
Construction Style (Split Level)
Other
Cooling Type
Central air conditioning
Exterior Finish
Wood siding
Heating Type
Forced air
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Full bathroom
Lower level
5'7'' x 8'7''
Laundry room
Lower level
9'0'' x 12'1''
Bedroom
Lower level
10'10'' x 12'1''
Bedroom
Lower level
10'10'' x 12'9''
Living room
Lower level
18'8'' x 12'9''
Kitchen
Lower level
11'7'' x 12'1''
Living room
Lower level
18'8'' x 12'9''
Dining room
Main level
8'8'' x 12'2''
Bedroom
Main level
10'11'' x 11'10''
Full bathroom
Main level
5'3'' x 8'5''
Primary Bedroom
Main level
13'1'' x 10'1''
Kitchen
Main level
12'4'' x 12'2''
Parking Spaces
Name
Spaces
Additional Parking
Attached Garage
1
RV
1
Land
Total Size
0.28 acres
Landscape Features
Underground sprinkler
Sewer
Municipal sewage system
Size of Irregular Land
0.28
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