157 Cariboo Road, Kelowna
MLS® 10332171
This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:36863)
Property Details
- Full Address:
- 157 Cariboo Road, Kelowna, British Columbia
- Price:
- $ 1,299,000
- MLS Number:
- 10332171
- List Date:
- January 14th, 2025
- Lot Size:
- 0.39 ac
- Year Built:
- 1972
- Taxes:
- $ 3,986
Interior Features
- Bedrooms:
- 3
- Bathrooms:
- 1
- Air Conditioning:
- See Remarks
- Heating:
- Other
Building Features
- Storeys:
- 1
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Zoning:
- Unknown
- Garage:
- Detached Garage
- Garage Spaces:
- 5
- Ownership Type:
- Freehold
- Taxes:
- $ 3,986
Floors
- Finished Area:
- 1260 sq.ft.
Land
- Lot Size:
- 0.39 ac
Neighbourhood Features
Ratings
Commercial Info
Location
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