Great investment opportunity with re-development potential! Currently zoned MFLs on 0.216 Acres. Currently rented with guaranteed subsidized rent by WFN, so this property offers great holding revenue while you make your development plans. 3433 Old Okanagan Highway also available for additional 0.502 acres for a current total of 0.718 Acres (Listing ID: 10344242). New roof in 2024, HWT in 2023 and Furnace in 2018 so the expensive items have been done for the tenants. New modernized 125 year lease and no GST, PTT, or SPEC tax. Possibility of even higher density if more neighboring lots combined. Plans and surveys available. Located on a main transit corridor in West Kelowna, close to shopping, amenities, and restaurants. Buyer to perform own due diligence to verify maximum density under provisions of the zoning bylaw. Contact directly for more details. (id:4069)
Address
3431 Old Okanagan Highway
List Price
$699,900
Property Type
Single Family
Type of Dwelling
House
Area
British Columbia
Sub-Area
West Kelowna
Bedrooms
4
Bathrooms
3
Floor Area
2,100 Sq. Ft.
Lot Size
0.22 Ac.
Year Built
1998
MLS® Number
10340647
Listing Brokerage
Coldwell Banker Horizon Realty
Postal Code
V4T1N5
Site Influences
View
