Address |
3606 Old Okanagan Highway |
Area | Central Okanagan |
Sub Area | WEC - Westbank Centre |
State/Province | British Columbia |
Country | Canada |
Price | $849,000 |
Property Type | Single Family - Detached |
Bedrooms | 3 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 1961 Square Feet |
Lot Size | 0.21 Acres |
Waterfront | No |
Year Built | 1968 |
Taxes |
$2,671
|
Tax Year | 2024 |
MLS® # | 10342448 |
PRIME DEVELOPMENT OPPORTUNITY!
Centrally located FREEHOLD property in a highly sought-after area. Recently rezoned under the new Official Community Plan (OCP) as "Westbank Urban Centre – Commercial Core Area B," allowing for high-density development with mid-rise to high-rise potential of up to 15 storeys.
West Kelowna encourages urban centre builds, allowing for commercial use on the first two stories—perfect for mixed-use development. The second story and above will offer breathtaking lake, valley, and mountain views, adding significant value to any project.
This corner lot spans 0.21 acres with 11,000 buildable square feet, featuring a large, fenced, and private yard. A lane along the side provides two access points, making it an ideal site for multi-family development or a six-plex. With a FAR of 1.2—significantly higher than Kelowna’s 0.08—this property offers excellent build potential.
In the meantime, the existing home is well-suited for rental income, located just minutes from shopping, the lake, parks, recreation facilities, top schools, and on a major transit route.
Quick possession possible!
Listed by MACDONALD REALTY INTERIOR
Want a resilient, compassionate and knowledgeable agent to help you buy or sell real estate in Kamloops and area? Lisa is who you should contact!
Earning Rookie of the Year along with the Sales Achievement award in her first year, and Diamond or Red Diamond award every year since, Lisa puts everything into selling your property for the highest dollar in the shortest amount of time OR finding your dream property.
Lisa was born and raised in Saskatoon, SK and moved to Victoria, BC as a 17 year old. Living independently in a new city, she quickly learned the value of hard work, independence and resilience. 13 years later, after completing high school and four years of CGA schooling, working in public practice and starting a family with the arrival of her son in 2001, she moved on to her favorite city, Kamloops, BC….which instantly became ‘home’.
In 2003, her daughter arrived, and with her, came the urge to work from home. For 14 years, she was with a prominent Canadian direct selling business, learning the art of negotiation, networking, marketing and developing her skills as an entrepreneur, businesswoman and individual. She can’t wait to use these skills to help you reach your Kamloops Real Estate goals, whether buying, selling or leasing! Married now, with two step-children who were also raised in Kamloops, she enjoys Kamloops and all it has to offer – outdoor fun with her family and pup, fitness, and amazing people!
Throughout the years she has always given back to the community with donations in time and money to fundraisers such as Ducks Unlimited, KMHA teams, SPCA, Heart and Stroke, Relay for Life along with many others. One of the main organizations she currently supports is Royal LePage’s Shelter Foundation where she has been in the Top 10% of all supporters across Canada, which helps locally at the Kamloops Y Women’s Shelter. Lisa has also contributed to Kamloops’ Real Estate Association by serving on the Education Committee. Giving back has always been important and remains so today, which is why she donates to any charity of her client’s choice for every Buyer or Seller who completes a real estate transaction.