157 Cariboo Road new

Kelowna,BC V1V2E4

$ 1299000

3 Beds

1 Bath

1260 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $1,030

Subdivision North Glenmore

MLS Listing ID 10332171

Bedrooms 3

Originating Board Association of Interior REALTORS®

Year Built 1972

Lot Size 0.390 Acres

Acres 16988.4

Property Description

This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-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 163 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 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/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:24570)

Location

Province BC

Zoning Unknown

Rooms

Extra Room 1 Main level 16' x 32' Workshop

Extra Room 2 Main level 8' x 9' Bedroom

Extra Room 3 Main level 9' x 13' Primary Bedroom

Extra Room 4 Main level 11' x 12' Dining room

Extra Room 5 Main level 4' x 10' Foyer

Extra Room 6 Main level Measurements not available Full bathroom

Interior

Heating Other

Cooling See Remarks

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

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