Address
3576 Old Okanagan Highway, West Kelowna, BC
Price
$ 699,000
Property Attributes
  • ID#10388531
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityWest Kelowna
  • CityWest Kelowna
  • AreaWest Kelowna
  • NeighbourhoodWestbank Centre
  • Postal CodeV4T 1P3
  • StyleRanch
  • Year Built1947
  • Price$ 699,000
  • Bedrooms3
  • Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1250
  • Lot Size0.17 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

PRIME DEVELOPMENT & INVESTMENT OPPORTUNITY IN WESTBANK URBAN CENTRE! Located in the heart of the Westbank Urban Centre – Commercial Core (Area B), this strategically positioned property offers exceptional future redevelopment potential in one of West Kelowna's fastest-growing corridors. The 0.172-acre (696.06 sq. m.) site is currently zoned RC1 (Compact Residential) and designated WUC-CC (Westbank Urban Centre – Commercial Core) under the Official Community Plan. Proposed OCP policies support the potential for mixed-use development up to 15 storeys, making this an attractive opportunity for developers and investors seeking future density and urban growth potential. The property also features convenient back lane access, a large detached shop, and a layout that may be well-suited for future infill opportunities, including a potential 4-plex development subject to municipal approvals. In the meantime, the property serves as an excellent holding property, featuring three-bedroom, one-bathroom home generating cash flow while planning for future redevelopment. Situated along a high-traffic corridor with excellent exposure and accessibility, the property is surrounded by ongoing growth and future development. Conveniently located near schools, shopping, restaurants, public transit, golf courses, Superstore, and the Johnson Bentley Memorial Aquatic Centre. (id:7434)

General Features

Property Type Single Family
Neighbourhood Westbank Centre
Building Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Building Architectural Style Ranch
Parking Space Total 2
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Forced air, See remarks
Basement Type Cellar
Construction Style Attachment Detached
Living Area Range 1250
Bedrooms 3

Exterior Features

Building Roof Material Asphalt shingle
Building Roof Style Unknown
Sewer Municipal sewage system
Exterior Finish Vinyl siding
Fence Type Fence

Room Details

Room Dimensions Level Flooring Details
4pc Bathroom 7'2'' x 7'11'' Main level
Bedroom 9'11'' x 9'9'' Second level
Dining room 10'2'' x 10'8'' Main level
Kitchen 15'5'' x 5'5'' Main level
Laundry room 16'0'' x 12'9'' Main level
Living room 16'0'' x 12'9'' Main level
Primary Bedroom 12'1'' x 10'6'' Main level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V4T 1P3

Price
AVG $700K
$700K
Year Built
AVG 1932
1947