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163 Cariboo Road Kelowna, British Columbia V1V 2E4

5 Bedroom 3 Bathroom 2864 sqft
Wall Unit Forced Air, See Remarks

$1,399,000

This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:59116)

Property Details

MLS® Number 10332173
Property Type Single Family
Neigbourhood North Glenmore
AmenitiesNearBy Schools
Features Irregular Lot Size
ParkingSpaceTotal 8

Building

BathroomTotal 3
BedroomsTotal 5
Appliances Refrigerator, Dryer, Range - Electric, Washer
BasementType Full
ConstructedDate 1972
ConstructionStyleAttachment Detached
CoolingType Wall Unit
ExteriorFinish Stucco, Wood Siding
FlooringType Laminate
HeatingType Forced Air, See Remarks
RoofMaterial Asphalt Shingle
RoofStyle Unknown
StoriesTotal 2
SizeInterior 2864 Sqft
Type House
UtilityWater Municipal Water

Parking

See Remarks
Attached Garage 1

Land

Acreage No
LandAmenities Schools
Sewer Municipal Sewage System
SizeFrontage 120 Ft
SizeIrregular 0.38
SizeTotal 0.38 Ac|under 1 Acre
SizeTotalText 0.38 Ac|under 1 Acre
ZoningType Unknown

Rooms

Level Type Dimensions
Second Level 3pc Bathroom 8'0'' x 8'0''
Second Level Bedroom 12'0'' x 8'0''
Second Level Bedroom 12'0'' x 10'0''
Second Level Kitchen 9'0'' x 8'6''
Second Level Dining Room 8'0'' x 8'0''
Second Level Living Room 13'0'' x 12'0''
Basement 3pc Bathroom 7'0'' x 5'0''
Basement Laundry Room 12'0'' x 9'0''
Basement Den 11'0'' x 8'0''
Basement Bedroom 13'0'' x 12'0''
Basement Recreation Room 16'0'' x 14'0''
Main Level 4pc Bathroom 10'0'' x 5'0''
Main Level Bedroom 11'0'' x 11'0''
Main Level Primary Bedroom 13'0'' x 10'0''
Main Level Kitchen 13'0'' x 11'4''
Main Level Dining Room 12'0'' x 9'0''
Main Level Living Room 16'0'' x 12'6''

https://www.realtor.ca/real-estate/27806627/163-cariboo-road-kelowna-north-glenmore

Interested?

Contact us for more information


Kara Rosart
Personal Real Estate Corporation


Oakwyn Realty Okanagan
#108 - 1980 Cooper Road
Kelowna, British Columbia V1Y 8K5

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