840 Lanfranco Road

840 Lanfranco Road Kelowna

$8,599,000
City:
Kelowna
Prop. Type:
Other
MLS® Num:
N/A
Status:
N/A
Bedrooms:
0
Bathrooms:
0
Year Built:
0
RE-Development Opportunity to purchase this prime 0.75-acre (32,670 SF) property with 3 separate buildings, 12 Separate Titles, plenty of parking, and room for potential expansion/development in the UC5 Zoning walking distance to OKANAGAN COLLEGE and GYRO BEACH. The property has potential for residential use mixed apartments of up to 6 stories. Permitted density will be 2.05 F.A.R (with bonus), could achieve 66,900 buildable SF (plus/minus). Each building has 4 units with 2 bedrooms, 1.5 Bath, a living room, a kitchen and laundry in each unit. All the units are kept very well-maintained and should provide years of solid income and development opportunities for investors! This property is within walking distance to Okanagan College, Minutes to Gyro Beach, H2O, wineries, golf, restaurants, grocery stores and all other amenities. Currently generate $25,000 approx. monthly rental income.
Property Type:
Other
Total Floor Area:
N/A
Home Style:
N/A
Total Bedrooms:
0
Total Rooms:
N/A
Depth:
N/A
Total Baths:
0
Year Built:
0 (Age:2024 )
Frontage:
N/A
Construction:
N/A
Roof:
N/A
Parking:
N/A
Heating:
N/A
Heating fuel:
N/A
Water supply:
Municipal water
Fireplace fuel:
N/A
Fireplace Details:
N/A
Title to Land:
N/A
Sewer:
N/A
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Amit Bindra
  • City 2 City Real Estate Services Inc.
  • 202 9453 120st, Delta, BC V4C6S2
  • 778-564-3008
  • [email protected]