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3606 Old Okanagan Highway | $849,000
Tanya Williams Agent Photo
Tanya
Williams
CENTURY 21 KOOTENAY HOMES (2018) LTD
1358 Cedar Avenue
Trail, BC
Canada V1R 4C2

Details

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Address 3606 Old Okanagan Highway
AreaCentral Okanagan
Sub AreaWEC - Westbank Centre
State/ProvinceBritish Columbia
CountryCanada
Price$849,000
Property TypeSingle Family - Detached
Bedrooms3
Bathrooms1
Half Baths0
Floor Space1961 Square Feet
Lot Size0.21 Acres
WaterfrontNo
Year Built1968
Taxes $2,671
Tax Year2024
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


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