Key Facts
- MLS® #: 10340116
- Property ID: SIRC2333230
- Property Type: Residential, Single Family Detached
- Living Space: 2,217 sq.ft.
- Lot Size: 0.34 ac
- Year Built: 1965
- Bedrooms: 4
- Bathrooms: 1
- Parking Spaces: 2
- Listed By:
- Oakwyn Realty Okanagan
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain11' x 20'Other
- Family roomMain11' x 24'Other
- Primary bedroomMain10' x 12'Other
- BedroomMain10' x 12'Other
- BedroomBasement11' x 13'Other
- KitchenMain8' 6" x 20'Other
- BedroomBasement7' x 17'Other
- Recreation RoomBasement11' x 17'Other
- KitchenMain7' x 7'Other
- BathroomMain7' x 5'Other
Listing Agents
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Location
195 Davie Road S, Kelowna, British Columbia, V1X 3Y6 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 25.53% 20 to 34 years
- 18.54% 35 to 49 years
- 17.92% 50 to 64 years
- 12.99% 65 to 79 years
- 5.48% 0 to 4 years
- 5.4% 10 to 14 years
- 4.85% 15 to 19 years
- 4.78% 5 to 9 years
- 4.51% 80 and over
- Households in the area are:
- 55.4% Single family
- 30.63% Single person
- 13.42% Multi person
- 0.55% Multi family
- $94,088 Average household income
- $43,732 Average individual income
- People in the area speak:
- 86.17% English
- 3.29% English and non-official language(s)
- 2.4% Tagalog (Pilipino, Filipino)
- 2.37% German
- 1.52% Punjabi (Panjabi)
- 1.27% Hindi
- 1% French
- 0.73% Arabic
- 0.63% Urdu
- 0.63% Thai
- Housing in the area comprises of:
- 31.17% Apartment 1-4 floors
- 29.65% Single detached
- 23.47% Row houses
- 8.35% Duplex
- 7.35% Semi detached
- 0% Apartment 5 or more floors
- Others commute by:
- 9.41% Public transit
- 3.85% Foot
- 3.55% Other
- 2.06% Bicycle
- 32.23% High school
- 26.4% College certificate
- 13.98% Did not graduate high school
- 12.78% Bachelor degree
- 11.72% Trade certificate
- 2.9% Post graduate degree
- 0% University certificate
- The average air quality index for the area is 1
- The area receives 144.05 mm of precipitation annually.
- The area experiences 7.38 extremely hot days (33.06°C) per year.
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- Principal and Interest $6,103 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a