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Renanza Realty
For sale

215 Arab Road

Kelowna, British Columbia

MLS® 10382249

$3,500,000

Status
Active
Property type
House
MLS® number
10382249
Bedrooms
8
Bathrooms
6
Year built
1981

Listing description

CITY SUPPORTS I2 ZONING!!! 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!

Property summary

MLS® number
10382249
Property type
Single Family
Building type
House
Square footage
5,865 sq ft
Title
Freehold
Land size
1.85 acres
Built in
1981
Annual property taxes
$16,490.41
Parking
5 spaces · Attached Garage, Additional Parking
Days on market
160 days

Features & details

Heating
Electric, See remarks, Hot Water
Community features
Rural Setting

What would this home cost you?

Based on the $3,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$16,285 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of REMAX Kelowna, Kelowna.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.