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 |
Length |
Width |
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