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163 Cariboo Road
Kelowna British Columbia V1V2E4 Canada

$1,399,000

Active Listing ID 10332173
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5 bed
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2,864 square feet
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3.00 Bath
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Single Family

$1,399,000

Active Listing ID 10332173
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163 Cariboo Road This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.39-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 163 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 2-bedroom plus den, 2-bathroom country cottage with a covered backyard. It is rented to a wonderful family at a discounted rate of $2, 500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Wall unit
  • Exterior Finish: Stucco, Wood siding
  • Floor Covering: Laminate
  • Roof Type: Asphalt shingle, Unknown
  • Heating Systems: Forced air, See remarks
Listing Changed: 1/15/2025 10:25:02 PM GMT
Source Updated Date: 2/20/2025 4:09:18 AM GMT

Courtesy of: Kara Rosart, Personal Real Estate Corp, Oakwyn Realty Okanagan