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215 Arab Road, Kelowna

MLS® #10382249
About this Property

INVESTOR ALERT!!! THE 2026 TAX ASSESSED VALUE IS $3,344,000. THE SELLER IS OPEN TO ALL REASONABLE OFFERS & MAY LOOK AT A PARTNERSHIP TO BUILD INDUSTRIAL WAREHOUSE FACILITIES ON THE PROPERTY. THIS IS A GREAT HOLDING AND/OR DEVELOPMENT PROPERTY WITH POTENTIAL TO REZONE FROM A2 TO I2. This is a rare package of 1.85 Acres, close to the University, with a large house/building with 8 bedrooms, 6 bathrooms, a 5-car garage, and all under one roof. An excellent revenue property, or great for an extended family, or both. This property is NOT in the ALR (buyer to confirm) and rezoning from A2 to I2 (OCP 2040 Future Land Use is Industrial) is possible making this a great holding and/or development property. Don't miss out! (id:62865)

Property Information

Status

Active

Year Built

1981

Property Type

House

Ownership

Freehold

Parking Spaces

5

Annual Tax

$16,490

Parcel Number

008-202-958

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

8

Bathrooms

6

Living Area

5865 square feet

Exterior & Lot

Lot Size

1.85 acres

Community Features

Rural Setting
Building & Utilities

Heating

Electric, See remarks, Hot Water

Water Source

Irrigation District

Sewer

Septic tank

$3,500,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
8Beds
6Baths
5865sqft
Listing Courtesy of

Office

REMAX Kelowna

Mortgage Calculator
$700,000

Loan Amount:

$2,800,000

Estimated Monthly Payment:

$13,645

This is an estimate for informational purposes only. Consult with a financial advisor.