1115 Cactus Road Kelowna, British Columbia V1X 5N3
$1,249,999
This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area! (id:59116)
Property Details
| MLS® Number | 10327564 |
| Property Type | Other |
| Neigbourhood | Rutland South |
| Parking Space Total | 1 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Constructed Date | 1968 |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 2,488 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Parking
| Attached Garage | 1 |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.46 |
| Size Total | 0.46 Ac|under 1 Acre |
| Size Total Text | 0.46 Ac|under 1 Acre |
| Zoning Type | Unknown |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/27608612/1115-cactus-road-kelowna-rutland-south
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Mark Drelich
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1429 Ellis Street
Kelowna, British Columbia V1Y 2A3
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January 21 2025 10:48:54
Association of Interior REALTORS®
Engel & Volkers Okanagan
