1007 Lanfranco Road, Kelowna
MLS® 10373925
For more information click the brochure button below. 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. Listing contains rendering photos as examples. Do not miss out! (id:36863)
Property Details
- Full Address:
- 1007 Lanfranco Road, Kelowna, British Columbia
- Price:
- $ 1,350,000
- MLS Number:
- 10373925
- List Date:
- January 26th, 2026
- Lot Size:
- 0.34 ac
- Year Built:
- 1972
- Taxes:
- $ 4,164
Interior Features
- Air Conditioning:
- Central air conditioning
- Heating:
- See remarks
Building Features
- Sewer:
- Municipal sewage system
- Water:
- Government Managed
- Garage:
- Additional Parking
- Garage Spaces:
- 10
- Ownership Type:
- Freehold
- Taxes:
- $ 4,164
Floors
- Finished Area:
- 1032 sq.ft.
Land
- Lot Size:
- 0.34 ac
- Current Use:
- Mixed use
Neighbourhood Features
Ratings
Commercial Info
Location
Mortgage Calculator
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