157-163 Cariboo Road Active Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1V2E4
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision North Glenmore
MLS Listing ID 10332175
Lot Size 0.770 Acres
Acres 0.77
Source Association of Interior REALTORS®
Property Description
Discover a remarkable opportunity for investors and developers! This land assembly features two adjacent lots totaling 0.77 acres (33,541.12 SQF), strategically located in a high-demand area. The site is currently in the process of being approved for a 19-unit townhome development, offering immense potential for multi-family housing under the proposed OCP 2040 zoning. Key Highlights: Development Potential: Zoned for multi-family use, supporting a 19-townhome project (in process). Central Location: Conveniently situated just steps from public transportation, minutes from restaurants, grocery stores, and essential amenities. Proximity to Major Hubs: Close to UBC Okanagan, Kelowna Airport, and other key destinations. Rental Income: Both properties generate rental income, providing cash flow during the planning and approval phases. Why Invest? This site offers unparalleled potential for growth and returns in a thriving community with increasing demand for quality housing. Don't miss your chance to capitalize on this rare opportunity to shape the future of housing in a prime location. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No