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3576 Old Okanagan Highway, West Kelowna

MLS® #10388531
About this Property

PRIME DEVELOPMENT & INVESTMENT OPPORTUNITY IN WESTBANK URBAN CENTRE! Located in the heart of the Westbank Urban Centre – Commercial Core (Area B), this strategically positioned property offers exceptional future redevelopment potential in one of West Kelowna's fastest-growing corridors. The 0.172-acre (696.06 sq. m.) site is currently zoned RC1 (Compact Residential) and designated WUC-CC (Westbank Urban Centre – Commercial Core) under the Official Community Plan. Proposed OCP policies support the potential for mixed-use development up to 15 storeys, making this an attractive opportunity for developers and investors seeking future density and urban growth potential. The property also features convenient back lane access, a large detached shop, and a layout that may be well-suited for future infill opportunities, including a potential 4-plex development subject to municipal approvals. In the meantime, the property serves as an excellent holding property, featuring three-bedroom, one-bathroom home generating cash flow while planning for future redevelopment. Situated along a high-traffic corridor with excellent exposure and accessibility, the property is surrounded by ongoing growth and future development. Conveniently located near schools, shopping, restaurants, public transit, golf courses, Superstore, and the Johnson Bentley Memorial Aquatic Centre. (id:62865)

Property Information

Status

Active

Year Built

1947

Property Type

House

Ownership

Freehold

Parking Spaces

2

Annual Tax

$2,828

Parcel Number

010-582-487

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

3

Bathrooms

1

Living Area

1250 square feet

Architectural Style

Ranch

Basement

Cellar

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer
Exterior & Lot

Lot Size

0.17 acres

Fencing

Fence

Exterior Features

Vinyl siding
Building & Utilities

Roof

Asphalt shingle,Unknown

Heating

Forced air, See remarks

Water Source

Municipal water

Sewer

Municipal sewage system

$699,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
3Beds
1Baths
1250sqft
Listing Courtesy of

Office

Royal LePage Kelowna

Mortgage Calculator
$139,800

Loan Amount:

$559,200

Estimated Monthly Payment:

$2,725

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