3551 Scott Road, Kelowna

MLS® 10339104

Prime Development (5plex or 2 lot subdivision) 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 neighbourhoods 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:36863)

Property Details

Full Address:
3551 Scott Road, Kelowna, British Columbia
Price:
$ 1,839,000
MLS Number:
10339104
List Date:
March 14th, 2025
Lot Size:
0.4 ac
Year Built:
1974
Taxes:
$ 5,073

Interior Features

Bedrooms:
5
Bathrooms:
3
Flooring:
Laminate, Carpeted
Air Conditioning:
Central air conditioning
Heating:
Forced air, Electric, See remarks
Basement:
Full

Building Features

Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Exterior:
Brick, Stucco
Garage:
Attached Garage, See Remarks
Garage Spaces:
5
Ownership Type:
Freehold
Taxes:
$ 5,073

Floors

Finished Area:
2975 sq.ft.

Land

Lot Size:
0.4 ac

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Location

Mortgage Calculator

powered by Ratehub.ca

Related Listings

There are currently no related listings.