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Property at 163 Cariboo Road image 1
Property at 163 Cariboo Road image 2
Property at 163 Cariboo Road image 3
Property at 163 Cariboo Road image 4
Property at 163 Cariboo Road image 5
8

$1,399,000

163 Cariboo Road
Kelowna, British Columbia, British Columbia, V1V2E4

MLS® Number: 10332173
Listed 77 days ago
5 3

Property description

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

Building information

Type

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Appliances

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Basement Type

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Constructed Date

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Construction Style Attachment

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Cooling Type

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Exterior Finish

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Flooring Type

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Half Bath Total

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Heating Type

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Roof Material

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Roof Style

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Size Interior

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Stories Total

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Utility Water

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Land information

Amenities

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Sewer

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Size Frontage

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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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Dining room

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Kitchen

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Primary Bedroom

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Bedroom

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4pc Bathroom

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Basement

Recreation room

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Bedroom

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Den

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Laundry room

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3pc Bathroom

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Second level

Living room

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Dining room

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Kitchen

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Bedroom

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Bedroom

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3pc Bathroom

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Main level

Living room

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Dining room

*****

Kitchen

*****

Primary Bedroom

*****

Bedroom

*****

4pc Bathroom

*****

Basement

Recreation room

*****

Bedroom

*****

Den

*****

Laundry room

*****

3pc Bathroom

*****

Second level

Living room

*****

Dining room

*****

Kitchen

*****

Bedroom

*****

Bedroom

*****

3pc Bathroom

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Courtesy of Oakwyn Realty Okanagan

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