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3576 Old Okanagan Highway West Kelowna, British Columbia V4T 1P3

3 Bedroom 1 Bathroom 1250 sqft
Ranch Forced Air, See Remarks

$699,000

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:36541)

Property Details

MLS® Number 10388531
Property Type Single Family
Neigbourhood Westbank Centre
Parking Space Total 2

Building

Bathroom Total 1
Bedrooms Total 3
Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Architectural Style Ranch
Basement Type Cellar
Constructed Date 1947
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Heating Type Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 1250 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks
Additional Parking
Detached Garage 2

Land

Acreage No
Fence Type Fence
Sewer Municipal Sewage System
Size Irregular 0.17
Size Total 0.17 Ac|under 1 Acre
Size Total Text 0.17 Ac|under 1 Acre

Rooms

Level Type Dimensions
Second Level Bedroom 16'1'' x 9'3''
Second Level Bedroom 9'11'' x 9'9''
Main Level 4pc Bathroom 7'2'' x 7'11''
Main Level Laundry Room 16'0'' x 12'9''
Main Level Primary Bedroom 12'1'' x 10'6''
Main Level Dining Room 10'2'' x 10'8''
Main Level Kitchen 15'5'' x 5'5''
Main Level Living Room 16'0'' x 12'9''

https://www.realtor.ca/real-estate/29848586/3576-old-okanagan-highway-west-kelowna-westbank-centre

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Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595
royallepagekelowna.com/

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