We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home BC Greater Kelowna Kelowna Glenmore - Clifton - Dilworth
157-163 Cariboo Road
Directions Print
157-163 Cariboo Road $2,698,000
$2,698,000
Hide
Favourite

157-163 Cariboo Road
Kelowna, British Columbia V1V2E4

MLS® Number: 10321898

Listing Description

Prime Development Opportunity: 2 Lots for Land Assembly in Desirable Kelowna Calling all investors and developers! Here's your chance to seize a lucrative opportunity in one of Kelowna's most sought-after areas. This ""land assembly"" encompasses 0.77 acres, totaling a generous 33,541.12 square feet of prime development potential. Situated in a highly desirable location, this site is poised for the construction of 19 townhome units. The development permit is ready, offering a streamlined path to project commencement. Centrally located, residents will enjoy unparalleled convenience with easy access to transportation, dining options, grocery stores, and more. Plus, proximity to UBC Okanagan and Kelowna Airport enhances the appeal of this location. Currently, both homes on the lots are generating a combined rental income of $7000 per month, providing an immediate return on investment while you finalize your development plans. Don't miss out on this exceptional opportunity to make your mark in Kelowna's thriving real estate market. Act now to secure your future success! (37612067)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
North Glenmore
Land Size
0.77 ac|under 1 acre
Parking Type
Surfaced
Time on REALTOR.ca
92 days

Building

Bathrooms
Partial
0
Utilities
Utility Sewer
See remarks
Water
Municipal water
Parking
Parking Type
Surfaced

Land

Lot Features
Frontage
244 ft
Present Use
Mixed use
Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Kara Rosart