$1,010,717

Listing currency: CA$1,399,000

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163 Cariboo Kelowna, Canada V1V2E4

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:58403)

Amenities

  • Bedrooms: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: Residential
  • Year Built: 1972
  • Built in 1972
  • Home size: 2,864 ft2 / 266.07 m2
  • MLS: 964320
  • Status: Active

Property brokered by

Oakwyn Realty Ltd.

+1 604-620-6788

Get more listing details on brokerage site

Presented by Kara Rosart

  • (250) 448-8885 (Office Phone)

Contact Kara Rosart

Contact Agent

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