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Additional details

Nader Bakhoum,PMP, P.Eng.

info@home-nader.com +1(604) 612-7228

$ 1,299,000

Est. payment | -/mo

3 Beds

1 Bath

1,516 SqFt

Save

$ 1,299,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,516 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1516

Square Footage 1,516 sqft

Price per Sqft $856

Subdivision Rutland North

MLS® Listing ID 10400275

Bedrooms 3

Year Built 1940

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Freehold

Property Description

RARE DEVELOPMENT OPPORTUNITY — UC4 ZONING ON .49 ACRES! Outstanding value for developers & investors! This property represents one of the best land opportunities on the market in one of Kelowna's fastest-growing urban centres. Zoned UC4, the site supports potential for up to six storeys (buyer to verify) and forms part of a larger land assembly opportunity exceeding one acre—ideal for future multifamily or mixed-use development. Perfectly positioned in a high-demand area, this location offers convenience, connectivity, and growth. Minutes to UBCO, Kelowna International Airport, major shopping, schools, and transit, the property is strategically located to serve the expanding North Kelowna and University District corridor—an area primed for densification and long-term appreciation. The existing home adds flexibility and holding value, featuring 3 bedrooms, 1 bathroom, and a warm cabin-style charm with an open kitchen, cozy living areas, and an upper loft ideal for a tenant suite, studio, or office. A full unfinished basement and a large detached garage/workshop enhance storage and functionality—ideal for interim rental income or home-based business use while development plans progress. Whether your strategy is land banking, assembling, or developing, this property delivers rare scale, zoning, and location advantages—making it a premier investment opportunity in Kelowna's evolving urban landscape. (id:24570)

Location

Province BC

Rooms

Kitchen 1.0

Extra Room 1 Second level 10'0'' x 11'10'' Bedroom

Extra Room 2 Second level 10'0'' x 19'10'' Recreation room

Extra Room 3 Second level 6'3'' x 9'0'' Dining nook

Extra Room 4 Main level 14'0'' x 11'7'' Kitchen

Extra Room 5 Main level 12'0'' x 11'8'' Living room

Extra Room 6 Main level 8'4'' x 5'8'' Dining room

Interior

Heating Forced air

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

Community Features Family Oriented

View Y/N No

Attached Garage No

Total Parking Spaces 20

Garage Yes

Private Pool No

Building

Lot Description Level

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by REMAX Kelowna - Stone Sisters

170 Mugford Road Kelowna, BC V1X2E2