163 Cariboo Road
Kelowna, British Columbia V1V2E4

$1,399,000

ID# 10321895
Rare Investment Opportunity in North Glenmore! Development Property with Approved Plans for 19 Units Discover a rare gem nestled in one of North Glenmore's most coveted areas. Spanning .39 acres, this development property presents a unique opportunity for investors and developers alike. With plans already in place for 19 units, including the adjacent 163 Cariboo Rd property, this offering is ready for submission. The prime location, coupled with MF1 zoning, makes it an ideal canvas for your next project. Conveniently situated in North Glenmore, residents will enjoy easy access to schools, shopping, and downtown amenities. The property also features a charming two-bedroom plus den, two-bathroom home with a cozy country cottage vibe. Currently rented to a wonderful family at a discounted rate of $4700/month, it offers immediate income potential. Please note, access to the property is by appointment or permission only. Don't miss out on this exceptional investment opportunity. Schedule your viewing today! Title (id:3942)
Courtesy of Oakwyn Realty Okanagan

Listed on: August 13, 2024

On market: 63 days
Bathroom Total 3
Bedrooms Total 5
Half Bathrooms Total 0
Year Built 1972
Cooling Type Wall unit
Flooring Type Laminate
Heating Type Forced air, See remarks
Stories Total 2
3pc BathroomSecond level8'0'' x 8'0''
BedroomSecond level12'0'' x 8'0''
BedroomSecond level12'0'' x 10'0''
KitchenSecond level9'0'' x 8'6''
Dining roomSecond level8'0'' x 8'0''
Living roomSecond level13'0'' x 12'0''
3pc BathroomBasement7'0'' x 5'0''
Laundry roomBasement12'0'' x 9'0''
DenBasement11'0'' x 8'0''
BedroomBasement13'0'' x 12'0''
Recreation roomBasement16'0'' x 14'0''
4pc BathroomMain level10'0'' x 5'0''
BedroomMain level11'0'' x 11'0''
Primary BedroomMain level13'0'' x 10'0''
KitchenMain level13'0'' x 11'4''
Dining roomMain level12'0'' x 9'0''
Living roomMain level16'0'' x 12'6''
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BOB BLAKE

SALES REPRESENTATIVE

Engel & Volkers®

292 Somerset St W, Ottawa, ON K2P 0J6

Phone: (613) 422-8688

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