0.41 acre (17,860 SF) development site in Rutland with rezoning and development permit applications already submitted for a 9-unit townhouse project. Well located in the Rutland core area neighborhood, at the end of a cul-de-sac near Springfield Rd and Rutland Rd South. Project conceptualized and designed by an experienced land development consultant with over a decade of experience managing and planning developments, including townhouse sites. Rezoning and Development Permit Applications submitted to the City of Kelowna in October 2023. Rezoning Application to MF2 Townhouse Housing to accommodate ground-oriented multiple housing. DP Application is for 9 residential 3-storey townhome units between 2 buildings. All 9 units offer 3 bedrooms, backyard patios, and double garages (7 units have side-by-side garages, 2 units have tandem garages). Design is well suited for a bare land strata and party-wall agreement (no strata fees for end users). No special Development Permits affect this site. Due diligence documents available upon a signed NDA include a Phase 1 ESA, Geotech Report, Site Survey, Architectural Plans, Landscape Plans and City of Kelowna Pre-Application Meeting Minutes. Holding income provided from the existing duplex on site (3 units). Option to acquire the holding company, which can eliminate the Property Transfer Tax. Neighboring property at 1115 Cactus Road (MLS# 10303103) is also available for sale, with a similar 8-unit townhouse application in progress.