Attention Investors! Here's a golden opportunity—a 0.85-acre property with Development Permits for 20 lake-view townhouses, along with valuable city DCC credits earmarked for road frontage enhancements. Everything is set for a savvy investor to step in and capitalize. Not keen on townhouses? No worries! The Official Community Plan (OCP) designates this land as MDR, Medium Density Residential. Furthermore, the $3,500 monthly rent from this well-maintained house can offset mortgage expenses. The location couldn't be better. Within a 5-minute drive, you'll find yourself at the beach or the shopping center. And in just 10 minutes, you can be indulging in the wines of the Okanagan. Situated adjacent to the new and burgeoning community Shorerise, this spot is becoming one of the most sought-after in West Kelowna. Don't delay—seize this promising opportunity today! (id:2493)
Listed by Laboutique Realty (Kelowna) and Oakwyn Realty Okanagan
Data was last updated May 11, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,025,000
Min list price:
$749,900
Max list price:
$5,950,000
Avg days on market:
137
Min days on market:
2
Max days on market:
345
Avg price per sq.ft.:
$365.18
These statistics are generated based on the current listing's property type
and located in
Westbank Centre. Average values are
derived using median calculations.
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