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:44056)

Property Details

Full Address:
3606 Old Okanagan Highway, West Kelowna, British Columbia
Price:
$ 799,000
MLS Number:
10361981
List Date:
September 8th, 2025
Lot Size:
0.21 ac
Year Built:
1968
Taxes:
$ 2,910

Interior Features

Bedrooms:
3
Bathrooms:
1
Air Conditioning:
Central air conditioning
Heating:
Forced air

Building Features

Architectural Style:
Bungalow
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Garage:
Carport
Ownership Type:
Freehold
Taxes:
$ 2,910

Floors

Finished Area:
1961 sq.ft.

Land

Lot Size:
0.21 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Paddy Hall
Macdonald Realty

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