Don Rae Realtor


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  • 1007 Lanfranco Road Kelowna V1W3X2

    Price : $1,350,000 Listing ID : 10373131
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 1956 sqft
    Built in : 1972 Total Parking Spaces : 10
    For more information, please click Brochure button. A rare find in one of Kelowna’s most desirable neighbourhoods—1007 Lanfranco Road offers both immediate potential rental income and a development opportunity. Situated on a large .34-acre lot, this well-maintained home is tenanted and producing an income stream. The property is zoned MF2 with an approved development permit in place for an 8-unit townhome project featuring rooftop patios, private elevators, and double garages. There is also potential to rezone under MF1 and subdivide into three lots. Whether you’re looking for a build site or a strong holding property; this one checks all the boxes. The existing home offers solid rental income (tenant fixed term lease until June 30/26) while final permitting is completed. Located in the heart of Lower Mission near top-rated schools, shopping, parks, and Okanagan Lake, this property combines location, lifestyle, and future value. Don’t miss this unique opportunity. All measurements are approximate. Listing contains rendering photos as examples. Do not miss out! (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Range, Refrigerator, Hood Fan, Washer & Dryer
    Community Features : - Features : Balcony Structures : -
    Total Parking Spaces : 10 View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Central air conditioning
    Fire Protection : - Fireplace Fuel : Wood Fireplace Type : Conventional
    Floor Space : - Flooring : Mixed Flooring Foundation Type : -
    Heating Fuel : - Heating Type : See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Government Managed
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement 3pc Bathroom 7'0'' x 6'6''
    Bedroom 13'6'' x 11'0''
    Family room 17'0'' x 12'0''
    Foyer 11'0'' x 10'0''
    Games room 13'6'' x 12'0''
    Laundry room 11'0'' x 8'0''
    Main level 4pc Bathroom 8'0'' x 5'0''
    Bedroom 13'0'' x 9'9''
    Dining room 11'6'' x 9'4''
    Kitchen 12'0'' x 9'6''
    Living room 19'0'' x 13'8''
    Primary Bedroom 13'9'' x 10'0''
    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.