Don Rae Realtor


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  • 880 Badke Road Kelowna V1X5Z6

    Price : $13,250,000 Listing ID : 10343895
    Bedrooms Bathrooms
    Property Type : Multi-family Building Type : Multi-Family
    Title : Strata Finished Area : -
    Built in : 1979 Total Parking Spaces : 38
    An exceptional opportunity to acquire a fully stratified, 26-unit townhouse development on a 1.75-acre parcel in the heart of Kelowna’s rapidly evolving Rutland Urban Centre. Ideally positioned directly across from Ben Lee Park and bordering the Houghton Road Recreation Corridor, this property offers both lifestyle appeal and strategic long-term value. Located within the City’s designated redevelopment zone, the site is zoned UC4, allowing for up to 6 storeys with a density bonus—making it a prime candidate for future multifamily redevelopment. Most of the units are owner-occupied, with estimated market rents of approximately $2,500 per month, equating to a potential gross annual income of $780,000. Just 8 minutes to UBCO and Kelowna International Airport, 15 minutes to Okanagan Lake, and 40 minutes to Big White, this location offers strong projected holding income and exceptional redevelopment potential in one of Kelowna’s most active and connected growth corridors. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : -
    Community Features : Pets Allowed Features : - Structures : -
    Total Parking Spaces : 38 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Wall unit
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : Baseboard heaters Roof Style : Unknown
    Roofing Material : Other Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    - - -
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.