163 Cariboo Road Kelowna, British Columbia V1V 2E4

5 Bedroom 3 Bathroom 2,864 ft2
Wall Unit Forced Air, See Remarks

$1,399,000

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 10332173
Property Type Single Family
Neigbourhood North Glenmore
Amenities Near By Schools
Features Irregular Lot Size
Parking Space Total 8

Building

Bathroom Total 3
Bedrooms Total 5
Appliances Refrigerator, Dryer, Range - Electric, Washer
Basement Type Full
Constructed Date 1972
Construction Style Attachment Detached
Cooling Type Wall Unit
Exterior Finish Stucco, Wood Siding
Flooring Type Laminate
Heating Type Forced Air, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 2,864 Ft2
Type House
Utility Water Municipal Water

Parking

See Remarks
Attached Garage 1

Land

Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Frontage 120 Ft
Size Irregular 0.38
Size Total 0.38 Ac|under 1 Acre
Size Total Text 0.38 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Second Level 3pc Bathroom 8'0'' x 8'0''
Second Level Bedroom 12'0'' x 8'0''
Second Level Bedroom 12'0'' x 10'0''
Second Level Kitchen 9'0'' x 8'6''
Second Level Dining Room 8'0'' x 8'0''
Second Level Living Room 13'0'' x 12'0''
Basement 3pc Bathroom 7'0'' x 5'0''
Basement Laundry Room 12'0'' x 9'0''
Basement Den 11'0'' x 8'0''
Basement Bedroom 13'0'' x 12'0''
Basement Recreation Room 16'0'' x 14'0''
Main Level 4pc Bathroom 10'0'' x 5'0''
Main Level Bedroom 11'0'' x 11'0''
Main Level Primary Bedroom 13'0'' x 10'0''
Main Level Kitchen 13'0'' x 11'4''
Main Level Dining Room 12'0'' x 9'0''
Main Level Living Room 16'0'' x 12'6''

https://www.realtor.ca/real-estate/27806627/163-cariboo-road-kelowna-north-glenmore

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