163 Cariboo Road, Kelowna
MLS® 10332173
This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.38-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 157 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 5-bedroom plus den, 3-bathroom country cottage with a covered backyard. It is rented to a wonderful family at $4,500/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:
- 163 Cariboo Road, Kelowna, British Columbia
- Price:
- $ 1,399,000
- MLS Number:
- 10332173
- List Date:
- January 15th, 2025
- Lot Size:
- 0.38 ac
- Year Built:
- 1972
- Taxes:
- $ 4,878
Interior Features
- Bedrooms:
- 5
- Bathrooms:
- 3
- Appliances:
- Washer, Refrigerator, Range - Electric, Dryer
- Flooring:
- Laminate
- Air Conditioning:
- Wall unit
- Heating:
- Forced air, See remarks
- Basement:
- Full
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Zoning:
- Unknown
- Exterior:
- Stucco, Wood siding
- Garage:
- Attached Garage, See Remarks
- Garage Spaces:
- 8
- Ownership Type:
- Freehold
- Taxes:
- $ 4,878
Floors
- Finished Area:
- 2864 sq.ft.
Land
- Lot Size:
- 0.38 ac
Neighbourhood Features
Ratings
Commercial Info
Location
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