39
3606 Old Okanagan Highway
$799,000 Sale
Listed 20 hours ago
· 3
· 1.0
· 0
· 1961
Key Facts
Key facts for 3606 Old Okanagan Highway
Property Type
House, House
Parking
Garage: No, 0 parking
MLS #
10361981
Size
1961 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1968
Maintenance Fee
-
Description
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. (id:10452)
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Room Types
Bedroom
-
Dimensions 12'4'' x 10'8''
131.56 sqft
Bedroom
-
Dimensions 9' x 10'
90 sqft
Den
-
Dimensions 16'4'' x 11'6''
187.83 sqft
Listing courtesy of: Macdonald Realty Interior
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