Homes for sale - 840 Lanfranco Road, Kelowna, BC V1W3X1

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$8,599,000

Est. payment - /mo

0.75 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Kelowna South

MLS® Listing ID 10317473

Originating Board Association of Interior REALTORS®

Lot Size 0.750 Acres

Acres 32670.0

Property Description

RE-Development Opportunity to purchase this prime 0.75-acre (32,670 SF) property with 3 separate buildings, 12 Separate Titles, plenty of parking, and room for potential expansion/development in the UC5 Zoning walking distance to OKANAGAN COLLEGE and GYRO BEACH. The property has potential for residential use mixed apartments of up to 6 stories. Permitted density will be 2.05 F.A.R (with bonus), could achieve 66,900 buildable SF (plus/minus). Each building has 4 units with 2 bedrooms, 1.5 Bath, a living room, a kitchen and laundry in each unit. All the units are kept very well-maintained and should provide years of solid income and development opportunities for investors! This property is within walking distance to Okanagan College, Minutes to Gyro Beach, H2O, wineries, golf, restaurants, grocery stores and all other amenities. Currently generate $25,000 approx. monthly rental income. (id:24570)

Location

Province BC

Zoning Unknown

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

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Listed by RealtyMonX

+1(250) 882-3335

alex@victoriahomes.com

840 Lanfranco Road Kelowna, BC V1W3X1