Kelowna, BC V1W3X2,1007-3425 Lanfranco-Barberry Road
Kelowna, BC V1W3X2,1007-3425 Lanfranco-Barberry Road
Kelowna, BC V1W3X2,1007-3425 Lanfranco-Barberry Road
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$1,650,000
Est. payment /mo
0.34 Acres Lot
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Lower Mission

MLS® Listing ID 10343375

Lot Size 0.340 Acres

Acres 0.34

Source Association of Interior REALTORS®

Property Description

Prime Development Opportunity in Lower Mission A rare investment opportunity in one of Kelowna's most desirable neighbourhoods! 1007 Lanfranco Road presents a proposed 8-unit townhome development featuring modern design, rooftop patios, double garages, and private elevators. With MF2 zoning and Development Permit approval secured, this property is shovel-ready and primed for growth. There's also potential to subdivide into three separate lots under MF1 zoning—details available upon request. The existing home offers strong rental income, making it a solid holding property while planning the next phase. Flexible financing available, including the option of a Vendor Take Back (VTB) mortgage—an excellent opportunity to maximize investment potential. Located in the heart of Lower Mission with easy access to top-rated schools, parks, beaches, shopping, and Okanagan Lake. Rezoning and development approvals are already complete, ensuring a smooth transition for the next owner. Don't miss this chance to secure a high-potential site with short-term income and long-term value. Contact us today for more information! All information, including zoning, development potential, measurements, and financial terms, is deemed reliable but not guaranteed and should be verified by the buyer or buyer's agent. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system


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Listed by Oakwyn Realty Okanagan

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agent

Muhamed Awada

+1(613) 720-4237

Real Estate Agent | License ID: 4726552

Real Estate Agent License ID: 4726552

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