1007 Lanfranco Road, Kelowna
MLS® 10373131
For more information, please click Brochure button. A rare find in one of Kelowna’s most desirable neighbourhoods—1007 Lanfranco Road offers both immediate potential rental income and a development opportunity. Situated on a large .34-acre lot, this well-maintained home is tenanted and producing an income stream. The property is zoned MF2 with an approved development permit in place for an 8-unit townhome project featuring rooftop patios, private elevators, and double garages. There is also potential to rezone under MF1 and subdivide into three lots. Whether you’re looking for a build site or a strong holding property, this one checks all the boxes. The existing home offers solid rental income (tenant fixed term lease until June 30/26) while final permitting is completed. Located in the heart of Lower Mission near top-rated schools, shopping, parks, and Okanagan Lake, this property combines location, lifestyle, and future value. Don’t miss this unique opportunity. All measurements are approximate. Do not miss out! (id:36863)
Property Details
- Full Address:
- 1007 Lanfranco Road, Kelowna, British Columbia
- Price:
- $ 1,350,000
- MLS Number:
- 10373131
- List Date:
- January 17th, 2026
- Lot Size:
- 0.34 ac
- Year Built:
- 1972
- Taxes:
- $ 4,164
Interior Features
- Bedrooms:
- 3
- Bathrooms:
- 2
- Appliances:
- Refrigerator, Range, Hood Fan, Washer & Dryer
- Flooring:
- Mixed Flooring
- Air Conditioning:
- Central air conditioning
- Heating:
- See remarks
- Fireplaces:
- 2
- Fireplace Type:
- Wood, Conventional
- Basement:
- Full
Building Features
- Storeys:
- 1
- Sewer:
- Municipal sewage system
- Water:
- Government Managed
- Roof:
- Asphalt shingle, Unknown
- Exterior:
- Brick, Stucco
- Garage:
- Additional Parking
- Garage Spaces:
- 10
- Ownership Type:
- Freehold
- Taxes:
- $ 4,164
Floors
- Finished Area:
- 1956 sq.ft.
Land
- Lot Size:
- 0.34 ac
Neighbourhood Features
Ratings
Commercial Info
Location
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