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$1,299,000
157 Cariboo Road
Kelowna, British Columbia, British Columbia, V1V2E4
MLS® Number: 10332171
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
Building information
Type
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Constructed Date
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Construction Style Attachment
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Cooling Type
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Half Bath Total
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Sewer
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Size Irregular
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Size Total
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Rooms
Main level
Living room
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Kitchen
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Bedroom
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Full bathroom
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Foyer
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Dining room
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Primary Bedroom
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Bedroom
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Workshop
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Living room
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Kitchen
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Bedroom
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Full bathroom
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Foyer
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Dining room
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Primary Bedroom
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Bedroom
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Workshop
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Courtesy of Oakwyn Realty Okanagan
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