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$849,000
3606 Old Okanagan Highway
West Kelowna, British Columbia, British Columbia, V4T1P4
MLS® Number: 10342448
Property description
PRIME DEVELOPMENT OPPORTUNITY! Centrally located FREEHOLD property in a highly sought-after area. Recently rezoned under the new Official Community Plan (OCP) as ""Westbank Urban Centre – Commercial Core Area B,"" allowing for high-density development with mid-rise to high-rise potential of up to 15 storeys. West Kelowna encourages urban centre builds, allowing for commercial use on the first two stories—perfect for mixed-use development. The second story and above will offer breathtaking lake, valley, and mountain views, adding significant value to any project. This corner lot spans 0.21 acres with 11,000 buildable square feet, featuring a large, fenced, and private yard. A lane along the side provides two access points, making it an ideal site for multi-family development or a six-plex. With a FAR of 1.2—significantly higher than Kelowna’s 0.08—this property offers excellent build potential. In the meantime, the existing home is well-suited for rental income, located just minutes from shopping, the lake, parks, recreation facilities, top schools, and on a major transit route. Quick possession possible!
Building information
Type
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Appliances
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Architectural Style
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Basement Type
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Constructed Date
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Fireplace Fuel
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Fireplace Present
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Fireplace Type
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Flooring Type
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Half Bath Total
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Heating Type
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Roof Material
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Roof Style
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Size Interior
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Stories Total
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Utility Water
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Land information
Access Type
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Amenities
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Fence Type
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Landscape Features
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Sewer
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Living room
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Dining room
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Kitchen
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Primary Bedroom
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Full bathroom
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Bedroom
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Basement
Bedroom
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Den
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Courtesy of Macdonald Realty Interior
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