Key Facts
- MLS® #: 10332173
- Property ID: SIRC2242555
- Property Type: Residential, Single Family Detached
- Living Space: 2,864 sq.ft.
- Lot Size: 0.38 ac
- Year Built: 1972
- Bedrooms: 5
- Bathrooms: 3
- Parking Spaces: 8
- Listed By:
- Oakwyn Realty Okanagan
Property Description
This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property.
The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents.
The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/month, providing immediate rental income.
Highlights:
Rare development opportunity in North Glenmore
19-unit plans ready for submission
0.39-acre lot with MF1 zoning
Centrally located, close to schools, shopping, and downtown
Existing rental income from a charming country cottage
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain12' 6" x 16'Other
- Dining roomMain9' x 12'Other
- KitchenMain11' 3.9" x 13'Other
- Primary bedroomMain10' x 13'Other
- BedroomMain11' x 11'Other
- BathroomMain5' x 10'Other
- Recreation RoomBasement14' x 16'Other
- BedroomBasement12' x 13'Other
- DenBasement8' x 11'Other
- Laundry roomBasement9' x 12'Other
- BathroomBasement5' x 7'Other
- Living room2nd floor12' x 13'Other
- Dining room2nd floor8' x 8'Other
- Kitchen2nd floor8' 6" x 9'Other
- Bedroom2nd floor10' x 12'Other
- Bedroom2nd floor8' x 12'Other
- Bathroom2nd floor8' x 8'Other
Listing Agents
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Location
163 Cariboo Road, Kelowna, British Columbia, V1V 2E4 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0