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Main Photo: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Photo 1: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Photo 2: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Photo 3: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Photo 4: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Photo 5: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Photo 6: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Photo 7: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
Status:
Active
Prop. Type:
Other
MLS® Num:
10314427
Build. Type:
Residential Commercial Mix
Prime Development Opportunity: 2 Lots for Land Assembly in Desirable Kelowna Calling all investors and developers! Here's your chance to seize a lucrative opportunity in one of Kelowna's most sought-after areas. This ""land assembly"" encompasses 0.77 acres, totaling a generous 33,541.12 square feet of prime development potential. Situated in a highly desirable location, this site is poised for the construction of 19 townhome units, thanks to the newly approved OCP zoning for multi-family dwellings. The development permit is ready, offering a streamlined path to project commencement. Centrally located, residents will enjoy unparalleled convenience with easy access to transportation, dining options, grocery stores, and more. Plus, proximity to UBC Okanagan and Kelowna Airport enhances the appeal of this location. Currently, both homes on the lots are generating a combined rental income of $7000 per month, providing an immediate return on investment while you finalize your development plans. Don't miss out on this exceptional opportunity to make your mark in Kelowna's thriving real estate market. Act now to secure your future success! (id:2493)
Property Type:
Other
Transaction Type:
For sale
Community:
North Glenmore
Building Type:
Residential Commercial Mix
Half Bathrooms:
0
Fireplace:
No
Water:
Municipal water
Sewer:
See remarks
Current Use:
Mixed use
Lot Frontage:
244'
Acreage:
No
Lot Size:
0.77 acre(s)
Lot Size:
0.77 ac|under 1 acre
Lot Details:
0.77
Parking Type:
Surfaced
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  • Photo 6: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
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  • Photo 7: 157-163 Cariboo Road in Kelowna: Other for sale : MLS®# 10314427
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Listed by Oakwyn Realty Okanagan
Data was last updated June 21, 2024 at 02:15 PM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$2,235,000
Min list price:
$298,880
Max list price:
$22,000,000
Avg days on market:
76
Min days on market:
3
Max days on market:
212
Avg price per sq.ft.:
$678.09
These statistics are generated based on the current listing's property type and located in Kelowna. Average values are derived using median calculations.
AMAR GREWAL
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.