Incredibly unique opportunity; 3.3 acre + 10.14 acre titled properties, combining for a 13.44 acre successful u-pick operation in the Belgo area of Kelowna. This property is located just minutes from town, yet feels like your own private estate far from it all. The home offers 5 bedrooms and 4 bathrooms across 3700 sq.ft. of living space, and lots of renovations and features: emphatic stone fireplace mantle with the overheight ceilings w/ skylights, renovated kitchen w/ stainless steel appliances & quartz countertops, renovated bathrooms w/ tile flooring & quartz counters, & more. Master bedroom includes his/her sinks, tiled glass shower & free standing tub. Great backyard space surrounded by your orchard, incl. a big garden space. The orchard operation itself is ran as a successful u-pick operation. Varied cherry blocks that are a perfect mix of early, mid and late season cherries to maximize the time of the u-pick. Recognizable and respected varieties include Rainier, Cristalina, Skeena, Staccato, Stella, and more (inquire for full info package). There is also a cabin on the property, perfect for a mortgage helper/farm help. Lakeviews are found on the upper bench off Geen Rd. 2 titles creates lots of flexibilities, as the 3.3 acre lot would allow for another full primary home to be built. Great opportunity to have a profitable business in your backyard, and is a turn-key operation. Great potential for a multi-generational setup w/ the 2 titles and potential for residences. (id:2493)More details
Prime land assembly opportunity on the corner of Springfield and Ziprick, directly across from Mission Creek Regional Park. Whether you’re looking for a holding property, cash flow investment, or land to build on- this designated “Core Neighbourhood” parcel offers all the above. The land assembly is 0.651 acres (28,357 SF), & made up of two lots (2560 Springfield Rd & 685-675 Ziprick Rd) currently zoned MF1. City Council has been supportive of rezoning to MF2 - Townhouse Housing (FAR 1 + 0.15 bonus) & Seller's have architectural plans for a 16-unit (approx. 1500 SF each) townhouse development. In the meantime, the landlords are collecting approximately $11,052/month in rents = 132,624/yr (total). Gross cap rate = approx. 3.8. There are two bus stops within 80 m and the city has designated both Springfield & Ziprick as “Major Arterial” transportation networks with bike lane & infrastructure improvements on the horizon. Walking distance to Springvalley Elementary & Middle Schools, Costco, Orchard Park Mall, and across the road from 94 hectares of trails at Mission Creek Regional Park. Across Ziprick is City owned property set aside for public service utilities & additional green space. Located halfway between UBCO & the future downtown campus (less than 8 km to both), 10 km from YLW (international airport), & 50 minutes to world-class Big White Ski Resort. This is a comprehensive & rare offering, sure to catch the attention of any savvy investor. What are you waiting for!? (id:2493)More details
Prime land assembly opportunity on the corner of Springfield and Ziprick, directly across from Mission Creek Regional Park. Whether you’re looking for a holding property, cash flow investment, or land to build on- this designated “Core Neighbourhood” parcel offers all the above. The land assembly is 0.651 acres (28,357 SF), & made up of two lots (2560 Springfield Rd & 685-675 Ziprick Rd) currently zoned MF1. City Council has been supportive of rezoning to MF2 (FAR 1 + 0.15 bonus) & Seller's have architectural plans for a 16-unit (approx. 1500 SF each) townhouse development. In the meantime, the landlords are collecting approximately $11,052/month in rents = 132,624/yr (total). Gross cap rate = approx. 3.8. There are two bus stops within 80 m and the city has designated both Springfield & Ziprick as “Major Arterial” transportation networks with bike lane & infrastructure improvements on the horizon. Walking distance to Springvalley Elementary & Middle Schools, Costco, Orchard Park Mall, and across the road from 94 hectares of trails at Mission Creek Regional Park. Across Ziprick is City owned property set aside for public service utilities & additional green space. Located halfway between UBCO & the future downtown campus (less than 8 km to both), 10 km from YLW (international airport), & 50 minutes to world-class Big White Ski Resort. This is a comprehensive & rare offering, sure to catch the attention of any savvy investor. What are you waiting for!? (id:2493)More details
**DEVELOPER ALERT** RARE opportunity to develop 1.48 acres (64,468.80 sq ft) of MF2 zoned land in the heart of Rutland South. MF2 zoning supports row townhomes up to 3 storeys high. The property currently features a single family home and a Tenanted fourplex (mo. to mo.). Walking distance to Ecole Belgo Elementary School, Transit and is across the street from Belgo Park. Close to many restaurants, shopping, schools, Rutland arena and the YMCA. Bring your development ideas, potential FAR of approx 1.0 (id:2493)More details
PRIME LOCATION ""DEVELOPMENT OPPORTUNITY"" This 3 bed +1 bathroom rancher with generous driveway and extra parking on a large 9000+ sqft lot. Walking distance to grocers, banks restaurants, recreation, and three-level schools. Only steps to transit, a 20-minute bus to UBCO or Okanagan college. Ready access to airport, golf and agriculture. Prime Transit Oriented Area property consolidation of 5 properties: (215-225 Cambie Rd and 210-230-240 Pemberton Rd). mandated by the new Provincial Legislation with UC-Urban within the Core Area, zoning of 2.5 FAR allows 6-story construction. (id:2493)More details
PRIME LOCATION ""DEVELOPMENT OPPORTUNITY"" This home comes with 6 beds +2 bathrooms with detached garage and shed in the large back yard. The driveway with additional space for extra space drive way suitable four parking spots. This home offers two decks; one along the kitchen in front and back including a rental suite. The house is currently rented to a great tenants and they would like to stay. It is walking distance to market, transit, three-level schools, and a 20-minute bus ride to UBCO or Okanagan college. It fronts onto Cambie Road and backs onto a lane. and overlooks a beautiful park. Prime Transit Oriented Area property consolidation of 5 properties: (215-225 Cambie Rd and 210-230-240 Pemberton Rd). mandated by the new Provincial Legislation with UC-Urban within the Core Area, zoning of 2.5 FAR allows 6-story construction. (id:2493)More details
PRIME LOCATION ""DEVELOPMENT OPPORTUNITY"" This 4 bed +1 bathroom with generous driveway and extra parking on a large 9000+ sqft lot. Walking distance to grocers, banks restaurants, recreation, and three-level schools. Only steps to transit, a 20-minute bus to UBCO or Okanagan college. Ready access to airport, golf and agriculture. Prime Transit Oriented Area property consolidation of 5 properties: (215-225 Cambie Rd and 210-230-240 Pemberton Rd). mandated by the new Provincial Legislation with UC-Urban within the Core Area, zoning of 2.5 FAR allows 6-story construction. (id:2493)More details
PRIME LOCATION ""DEVLEOPMENT OPPORTUNITY"" This home comes with 4 bed + den/office with 3 washrooms on the main floor and an extra large basement rec room for more space, and a den/office/bedroom with a large window and a closet. The total living space is 2250 sqft, and the driveway has space for two/three motorhomes or four parking spots. This home offers two decks; one along the kitchen and the other attached to the primary bedroom for a potential rental suite. It is walking distance to markets, transit, three-level schools, and a 20 20-minute bus ride to UBCO or Okanagan college. It fronts onto Cambie road and backs onto a lane. and overlooks a beautiful park. Prime Transit Oriented Area property consolidation of 5 properties: (215-225 Cambie Rd and 210-230-240 Pemberton Rd). mandated by the new Provincial Legislation with UC-Urban within the Core Area, zoning of 2.5 FAR allows 6-story construction. (id:2493)More details
PRIME LOCATION ""DEVELOPMENT OPPORTUNITY"" This home comes with 3beds +2.5 washrooms one of which is a walk-in tub. The driveway is circular and there is additional space for two/three motorhomes or four parking spots. This home offers two decks; one along the kitchen in front and the other attached to the primary bedroom for a potential rental suite. A gas fireplace enhances the living room. There is an in-laws suite on the side. It is walking distance to markets, transit, three-level schools, and a 20 20-minute bus ride to UBCO or Okanagan college. It fronts onto Cambie Road and backs onto a lane. and overlooks a beautiful park. Prime Transit Oriented Area property consolidation of 5 properties: (215-225 Cambie Rd and 210-230-240 Pemberton Rd). mandated by the new Provincial Legislation with UC-Urban within the Core Area, zoning of 2.5 FAR allows 6-story construction. (id:2493)More details
Investor Alert! This prime 4-plex, located just off Highway 33, features four 2-bedroom, 1-bath units. Each unit comes with its own living area, laundry, carport, and storage space, ensuring convenience for tenants. Every suite has a private entrance and a back entrance, offering outdoor living areas with ample green space. The property, spanning 0.33 acres, also provides plenty of extra parking. Fully rented and situated near parks, schools, transit, and amenities, this property is a fantastic investment opportunity. (id:2493)More details
Located on a quiet street in the desirable Spring Valley neighbourhood, this sizeable 0.47 acre lot is the perfect site for your future townhouse development. The city supports rezoning this parcel to MF2 to accommodate up to 20,400sq ft GFA (Base FAR: 1.0). At two stories in height, this property can comfortably accommodate 14x 1,300sq ft townhouses, but greater density could be achieved if building up a 3rd story (up to FAR: 1.3 possible w/ Public Amenity or Rental Bonus). The existing house and sizeable workshop will provide solid rental income while you are perfecting your development plans, and proximity to shopping, restaurants, schools, parks, Mission Park Greenway, Orchard Park Mall, Costco, public transit, and much more will aide your future development in being a big success! The Property Transfer Tax Exemption on new construction means that a buyer can purchase a $650k townhouse with less than $45k down if they included the GST in their mortgage, and the upcoming change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $3k/mo (assuming 3.5% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the size and shape of this lot affords considerable flexibility to realize your own development vision. (id:2493)More details
Listed by Century 21 Assurance Realty Ltd and Royal LePage Kelowna
Located on a quiet street in the desirable Spring Valley neighbourhood, this sizeable 0.47 acre lot is the perfect site for your future townhouse development. The city supports rezoning this parcel to MF2 to accommodate up to 20,400sq ft GFA (Base FAR: 1.0). At two stories in height, this property can comfortably accommodate 14x 1,300sq ft townhouses, but greater density could be achieved if building up a 3rd story (up to FAR: 1.3 possible w/ Public Amenity or Rental Bonus). The existing house and sizeable workshop will provide solid rental income while you are perfecting your development plans, and proximity to shopping, restaurants, schools, parks, Mission Park Greenway, Orchard Park Mall, Costco, public transit, and much more will aide your future development in being a big success! The Property Transfer Tax Exemption on new construction means that a buyer can purchase a $650k townhouse with less than $45k down if they included the GST in their mortgage, and the upcoming change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $3k/mo (assuming 3.5% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the size and shape of this lot affords considerable flexibility to realize your own development vision. (id:2493)More details
Listed by Century 21 Assurance Realty Ltd and Royal LePage Kelowna
Data was last updated November 1, 2024 at 12:45 AM (UTC)
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