157 Cariboo Road Kelowna, British Columbia V1V 2E4
$1,299,000
This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:53701)
Property Details
| MLS® Number | 10332171 |
| Property Type | Single Family |
| Neigbourhood | North Glenmore |
| Parking Space Total | 5 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 3 |
| Constructed Date | 1972 |
| Construction Style Attachment | Detached |
| Cooling Type | See Remarks |
| Heating Type | Other |
| Stories Total | 1 |
| Size Interior | 1,260 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Detached Garage | 0 |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.39 |
| Size Total | 0.39 Ac|under 1 Acre |
| Size Total Text | 0.39 Ac|under 1 Acre |
| Zoning Type | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Workshop | 16' x 32' | ||
| Main Level | Bedroom | 8' x 9' | ||
| Main Level | Primary Bedroom | 9' x 13' | ||
| Main Level | Dining Room | 11' x 12' | ||
| Main Level | Foyer | 4' x 10' | ||
| Main Level | Full Bathroom | Measurements not available | ||
| Main Level | Bedroom | 9' x 9' | ||
| Main Level | Kitchen | 9' x 19' | ||
| Main Level | Living Room | 12' x 19' |
https://www.realtor.ca/real-estate/27802092/157-cariboo-road-kelowna-north-glenmore
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January 14 2025 10:59:00
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