3576 Old Okanagan Highway
West Kelowna, British Columbia
MLS® 10388531
$699,000
- Status
- Active
- Property type
- House
- MLS® number
- 10388531
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1947
1 / 28Listing description
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.
Property summary
- MLS® number
- 10388531
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,250 sq ft
- Title
- Freehold
- Land size
- 0.17 acres
- Built in
- 1947
- Annual property taxes
- $2,827.56
- Parking
- 2 spaces · Detached Garage, See Remarks, Additional Parking
- Days on market
- 84 days
Features & details
- Heating
- Forced air, See remarks
- Basement
- Cellar
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Exterior features
- Vinyl siding
- Architectural style
- Ranch
What would this home cost you?
Based on the $699,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage 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.