880 Badke Road, Kelowna, BC V1X5Z6 – 10343895 - Katie Van Nes

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 13,250,000

Est. payment | -/mo

1.75 Acres Lot

Save

$ 13,250,000

Est. payment | -/mo

Save

1.75 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Strata

Listing Status Active

Purchase Type For Sale

Subdivision Rutland North

MLS® Listing ID 10343895

Year Built 1979

Lot Size 1.750 Acres

Acres 1.75

Property Sub-Type Strata

Source Association of Interior REALTORS®

Property Description

An exceptional opportunity to acquire a fully stratified, 26-unit townhouse development on a 1.75-acre parcel in the heart of Kelowna's rapidly evolving Rutland Urban Centre. Ideally positioned directly across from Ben Lee Park and bordering the Houghton Road Recreation Corridor, this property offers both lifestyle appeal and strategic long-term value. Located within the City's designated redevelopment zone, the site is zoned UC4, allowing for up to 6 storeys with a density bonus—making it a prime candidate for future multifamily redevelopment. Most of the units are owner-occupied, with estimated market rents of approximately $2,500 per month, equating to a potential gross annual income of $780,000. Just 8 minutes to UBCO and Kelowna International Airport, 15 minutes to Okanagan Lake, and 40 minutes to Big White, this location offers strong projected holding income and exceptional redevelopment potential in one of Kelowna's most active and connected growth corridors. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling Wall unit

Exterior

Parking Features Yes

Community Features Pets Allowed

View Y/N No

Roof Type Unknown

Total Parking Spaces 38

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Strata

Listed by Royal LePage Kelowna

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

880 Badke Road Kelowna, BC V1X5Z6