Dallas Markovina Personal Real Estate Corporation - 250-870-6145

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Other in Kelowna

$6,499,000.00
#1 - 12 840 Lanfranco Road - MLS® #: 10404607
  • (121)
  • 226
  • 201
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
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Dallas Markovina Personal Real Estate Corporation
Contact Agent
250-870-6145

Property Type

Other

Description

**PRIME INVESTMENT OPPORTUNITY | ** Exceptional 0.75-acre (32,670 sq. ft.) UC5-zoned property in the desirable Kelowna South neighbourhood, featuring **12 separately titled townhomes** across three well-maintained buildings. Each unit offers 2 bedrooms, 1.5 bathrooms, a kitchen, living room, and in-suite laundry. Currently generating **strong monthly rental income**, this property provides excellent holding income with significant redevelopment potential. UC5 zoning may allow MIXED- USE residential or HOTEL development of up to 6 storeys, with a potential **2.05 FAR and approximately 66,900 sq. ft. of buildable floor area**, subject to municipal approvals and applicable regulations. The property offers ample parking and a prime location within walking distance of Okanagan College and minutes from Gyro Beach, H2O, shopping, restaurants, and other amenities. **An outstanding opportunity for investors and developers seeking immediate income and long-term redevelopment potential!** (id:6769)

Property Details

Subarea
Kelowna South

Lot
0.75

Sewer
Municipal sewage system

Listing Agent

Gary Judge
(250) 899-3101

Brokerage

Realtymonx
(778) 484-4022

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: 2026-11-03 04:35:16




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