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Opportunity to purchase a 0.34 acre (14,914 SF) large residential lot with great redevelopment potential. Excellent location in the highly sought after Lower Mission core area neighborhood, on Lanfranco Road between Casorso Road and Silverberry Road. The site is currently zoned MF1 Infill Housing, permitting up to 6 ground-oriented residential dwelling units. Kelowna’s Official Community Plan includes this property in one of the city’s Core Neighbourhoods. Holding income is provided from the existing home on the property, which has 2 units, and totals 2,372 SF with 3 bedrooms and 3 bathrooms. (id:43014)
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Lower Mission real estate is considered by many to be the gem of Kelowna. Located on the east side of the Okanagan Lake, just south of Kelowna's downtown. This desirable area is home to some of Kelowna's best beaches, as well as many boutiques, cafes, banks, and medical offices. In the heart of the Lower Mission you'll find Pandosy Village: an area peppered with family run businesses and noticeably void of big box chain stores. The residential real estate market in the Lower Mission offers something for everyone, from town homes, condos, vacation rentals, gated communities, family homes, to luxurious multi-million dollar lakefront homes.
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