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Home BC Greater Kelowna Kelowna Rutland
1115 Cactus Road
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1115 Cactus Road $1,388,000
$1,388,000
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1115 Cactus Road
Kelowna, British Columbia V1X5N3

MLS® Number: 10327564
3
Bedrooms
2
Bathrooms
2488
Square Feet

Listing Description

This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area! (37936176)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Storeys
1
Square Footage
2488 sqft
Neighbourhood Name
Rutland South
Title
Freehold
Land Size
0.46 ac|under 1 acre
Built in
1968
Annual Property Taxes
$5,147.95
Parking Type
Attached Garage (1)
Time on REALTOR.ca
13 days

Price and Sale History

Date Status Price
May 29, 2023 Sale Closed $756,500

Building

Bathrooms
Total
2
Partial
0
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Type
Electricity (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Parking
Parking Type
Attached Garage (1)
Total Parking Spaces
1

Measurements

Square Footage
2488 sqft

Land

Lot Features
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
Mark Drelich