Dallas Markovina Personal Real Estate Corporation - 250-870-6145
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Single Family in Kelowna
- 101
- 56
3 Bedrooms
2 Bathrooms- 1956 Sq Ft
Property Type
Single Family
Description
A rare find in one of Kelowna’s most desirable neighbourhoods—1007 Lanfranco Road offers both immediate rental income and long-term development potential. Situated on a large lot, this well-maintained home is ideal for families, investors, or those looking to hold while planning their next move. The property is zoned MF2 with an approved Development Permit in place for an 8-unit townhome project featuring rooftop patios, private elevators, and double garages. There's also potential to rezone under MF1 and subdivide into three lots (details available upon request). Whether you’re looking for a future build site or a strong holding property, this one checks all the boxes. The existing home offers solid rental income potential, making it a great option for those seeking a primary residence with a mortgage helper or investment upside. Flexible financing available, including the option for a Vendor Take Back (VTB) mortgage. Located in the heart of Lower Mission near top-rated schools, shopping, parks, and Okanagan Lake, this property combines location, lifestyle, and future value. Don’t miss this unique opportunity. All information, including zoning, development potential, and measurements, is deemed reliable but not guaranteed. Buyers to verify independently. (id:6769)
Property Details
Subarea
Lower Mission
Lot
0.37
Year Built
1972
Sewer
Municipal sewage system
Flooring
Carpeted,Laminate
Parking Type
1
Rooms Dimension
| Room | Floor | Dimension |
|---|---|---|
| Foyer | Basement | 11'0'' x 10'0'' |
| 3pc Bathroom | Basement | 7'0'' x 6'6'' |
| Laundry room | Basement | 11'0'' x 8'0'' |
| Bedroom | Basement | 13'6'' x 11'0'' |
| Games room | Basement | 13'6'' x 12'0'' |
| Family room | Basement | 17'0'' x 12'0'' |
| 4pc Bathroom | Main level | 8'0'' x 5'0'' |
| Bedroom | Main level | 13'0'' x 9'9'' |
| Primary Bedroom | Main level | 13'9'' x 10'0'' |
| Kitchen | Main level | 12'0'' x 9'6'' |
| Dining room | Main level | 11'6'' x 9'4'' |
| Living room | Main level | 19'0'' x 13'8'' |
Listing Agent
Kara Rosart
(250) 863-1274
Brokerage
Oakwyn Realty Okanagan
(250) 861-5122
Disclaimer:
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2025-06-19 02:50:23
