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3606 Old Okanagan Highway West Kelowna, British Columbia V4T 1P4

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Paddy Hall
Personal Real Estate Corporation

(250) 763-7686

Macdonald Realty
2700 Richter St
Kelowna, British Columbia V1Y 2R5

(250) 860-4300
(250) 860-1600

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3 Bedroom 1 Bathroom 1961 sqft
Bungalow Central Air Conditioning Forced Air

$799,000

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. (id:26472)

Property Details

MLS® Number 10361981
Property Type Single Family
Neigbourhood Westbank Centre

Building

Bathroom Total 1
Bedrooms Total 3
Architectural Style Bungalow
Constructed Date 1968
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Heating Type Forced Air
Stories Total 1
Size Interior 1961 Sqft
Type House
Utility Water Municipal Water

Parking

Carport

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.21
Size Total 0.21 Ac|under 1 Acre
Size Total Text 0.21 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Basement Den 11'6'' x 16'4''
Basement Bedroom 10'8'' x 12'4''
Main Level Bedroom 10' x 9'
Main Level Full Bathroom 5' x 8'
Main Level Primary Bedroom 13'3'' x 11'6''
Main Level Kitchen 10' x 8'
Main Level Dining Room 8'4'' x 12'6''
Main Level Living Room 23'6'' x 16'

https://www.realtor.ca/real-estate/28831262/3606-old-okanagan-highway-west-kelowna-westbank-centre