Prime Development or Holding Opportunity in Lower Mission Discover the endless potential with this 0.4-acre flat lot, measuring 104 x 168 feet, located in one of the most sought-after residential neighborhoods in the Lower Mission. This prime property offers an incredible opportunity for development or as a holding investment. Centrally located, you'll be just minutes away from Lake Okanagan, stunning beaches, highly regarded schools, and a variety of shopping and amenities. The current home features a spacious 3-bedroom layout on the upper level, complemented by a lower-level in-law suite—ideal for extended family or rental income. The property offers fantastic flexibility for those looking to either develop or renovate. The City of Kelowna has indicated strong support for development options, including the potential to build 5 townhomes or to subdivide the lot, allowing for a single-family home plus a duplex. The lot is also large enough to facilitate a rezoning to MF1 (Multi-Family Low Density). Interested buyers are highly recommended to conduct their own due diligence with the city to explore these exciting possibilities further. 5plex and detached/attached development available on request. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
104 x 0 ft
Amenities Nearby
Recreation, Schools, Shopping
Community Features
Family Oriented
Features
Level lot, Private setting, One Balcony
Listing Contract Date
2024-09-20
Municipal ID
007-870-167
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Basement Type
Full
Constructed Date
1974
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Brick, Stucco
Flooring Type
Carpeted, Laminate
Heating Fuel
Electric
Heating Type
Forced air, See remarks
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Bedroom
Second level
13'4'' x 8'1''
Bedroom
Second level
13'4'' x 8'1''
3pc Ensuite bath
Second level
Measurements not available
Primary Bedroom
Second level
15'6'' x 14'2''
4pc Bathroom
Second level
Measurements not available
Kitchen
Second level
13'7'' x 11'1''
Dining room
Second level
13'10'' x 11'6''
Living room
Second level
18'6'' x 13'5''
3pc Bathroom
Main level
Measurements not available
Laundry room
Main level
7'8'' x 13'5''
Dining room
Main level
8'2'' x 13'3''
Family room
Main level
13'6'' x 18'9''
Kitchen
Main level
8'9'' x 9'3''
Bedroom
Main level
11'3'' x 12'2''
Bedroom
Main level
12'6'' x 13'7''
Parking Spaces
Name
Spaces
See Remarks
Attached Garage
1
Land
Total Size
0.4 acres
Access Type
Easy access
Amenities
Recreation, Schools, Shopping
Fence Type
Fence
Landscape Features
Level
Sewer
Municipal sewage system
Size of Irregular Land
0.4
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