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$1,399,000

Est. payment - /mo

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5 BD

3 BA

2,864 SqFt

New

163 Cariboo Road Kelowna, BC V1V2E4

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Andrew Loewen

andrew@akloewen.ca +1(250) 801-6713

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,864 sqft

Price per Sqft $488

Subdivision North Glenmore

MLS® Listing ID 10332173

Bedrooms 5

Originating Board Association of Interior REALTORS®

Year Built 1972

Lot Size 0.380 Acres

Acres 16552.8

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 Second level 8'0'' x 8'0'' 3pc Bathroom

Extra Room 2 Second level 12'0'' x 8'0'' Bedroom

Extra Room 3 Second level 12'0'' x 10'0'' Bedroom

Extra Room 4 Second level 9'0'' x 8'6'' Kitchen

Extra Room 5 Second level 8'0'' x 8'0'' Dining room

Extra Room 6 Second level 13'0'' x 12'0'' Living room

Interior

Heating Forced air, See remarks

Cooling Wall unit

Flooring Laminate

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

View Y/N No

Roof Type Unknown

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by Oakwyn Realty Okanagan

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Andrew Loewen

Agent | License ID: 181959

+1(250) 801-6713

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163 Cariboo Road Kelowna, BC V1V2E4

Andrew Loewen

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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163 Cariboo Road