3606 Old Okanagan Highway, West Kelowna

MLS® 10342448

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! (id:36863)

Property Details

Full Address:
3606 Old Okanagan Highway, West Kelowna, British Columbia
Price:
$ 849,000
MLS Number:
10342448
List Date:
April 7th, 2025
Lot Size:
0.21 ac
Year Built:
1968
Taxes:
$ 2,672

Interior Features

Bedrooms:
3
Bathrooms:
1
Appliances:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Flooring:
Hardwood, Vinyl
Air Conditioning:
Central air conditioning
Heating:
Forced air, See remarks
Fireplaces:
1
Fireplace Type:
Wood, Conventional
Basement:
Full

Building Features

Architectural Style:
Bungalow
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Other, Unknown
Zoning:
Unknown
Exterior:
Wood siding
Garage:
RV
Pool:
Above ground pool
Ownership Type:
Freehold
Taxes:
$ 2,672

Floors

Finished Area:
1961 sq.ft.

Land

Lot Size:
0.21 ac

Neighbourhood Features

Amenities Nearby:
Family Oriented

Ratings

Commercial Info

Location

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