1007-3425 Lanfranco-barberry Road | $1,650,000
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COLDWELL BANKER ROSLING REAL ESTATE (NELSON)
593 Baker Street
Nelson, BC
Canada V1L 4J1

Details

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Address 1007-3425 Lanfranco-barberry Road
AreaCentral Okanagan
Sub AreaLM - Lower Mission
State/ProvinceBritish Columbia
CountryCanada
Price$1,650,000
Property TypeResidential Lot
Lot Size0.34 Acres
WaterfrontNo
Taxes $3,896
Tax Year2023
MLS® #10337042

Prime Development Opportunity in Lower Mission A rare investment opportunity in one of Kelowna’s most sought-after neighborhoods! 1007 Lanfranco presents a proposed 8-unit townhouse development in the heart of Lower Mission, offering contemporary designs with rooftop patios, double car garages, and elevators. With MF2 zoning and Development Permit approval secured, this property is primed for future development. Additionally, there is potential to subdivide into three lots under MF1 zoning (details available upon request). For investors seeking immediate returns, the existing home on the lot provides strong rental income potential, making this an excellent holding property while planning the next steps. Ideally located with easy access to top-rated schools, parks, shopping, and Okanagan Lake, this site is perfectly positioned to meet the increasing demand for quality housing in Kelowna. Elevar Properties has already completed the necessary rezoning and development approvals, ensuring a smooth transition for the next owner. This is a rare chance to acquire a prime development site with both short-term income potential and long-term growth value. Contact us today for more details!


Listed by OAKWYN REALTY OKANAGAN


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