157-163 Cariboo Road

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, thanks to the newly approved OCP zoning for multi-family dwellings. 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! (id:58467)

Property Information

Property Type
Residential
SqUARE FOOTAGE
0
 sqft
Structure Type
Residential Commercial Mix
LAND SIZE
0.77 acres
Roof Type
Lot
SEWER Type
See remarks
Parking Spots
0
stories
Floor Type

More Information

Security
View
Parking
Surfaced
Exterior
Community
Common inTEREST
Listing Key
26913345
MLS ID
10314427
listing Office
Oakwyn Realty Okanagan
listing Office key
47728
0
Beds
0
Baths
$
3199998

Virtual Tour

Contact

Heading

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Grant Good

can help you buy this property.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.