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$650,000

RENOVATE, REBUILD, OR REDEVELOP! Opportunity awaits in the heart of West Kelowna! Whether you're looking to renovate, hold or rebuild, this vacant 4 bed/2 bath property offers excellent investment potential with RC1 zoning, laneway access at the back of the property and a 0.17 acre lot in Westbank Centre. Offering 1,741 sqft of living space, the home features a functional layout, fresh paint and updated light fixtures, providing a great starting point for improvements or future plans. Outside, you'll find a spacious backyard, ample parking and a detached shop with convenient laneway access, adding flexibility and appeal. Centrally located close to shopping centres, schools, parks, restaurants and public transit, this property offers a convenient location in a neighbourhood that continues to grow and redevelop. With zoning permitting a variety of residential uses, including duplexes and townhouses, there's exciting potential to explore future development opportunities. Whether you're looking to add to your investment portfolio, secure a holding property or capitalize on future redevelopment potential, this property is worth a closer look. Contact us today to learn more about this property! (id:5764)

4 Beds ⋅ 2 Baths ⋅ 10403241 MLS® #

3558 Old Okanagan Highway, West Kelowna

Listing courtesy of Royal LePage Kelowna.

$699,999

An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:5764)

4 Beds ⋅ 2 Baths ⋅ 10395417 MLS® #

3570 Old Okanagan Highway, West Kelowna

Listing courtesy of Royal LePage Kelowna.

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How much is your home worth?