163 Cariboo Road Kelowna, British Columbia V1V 2E4

$1,399,000

This is a rare opportunity for investors and developers! Located in the highly desirable and quiet North Glenmore neighborhood, this 0.38-acre property is perfectly situated for development. The plans for a 19-unit development are ready for submission, including both this property and the adjacent 157 Cariboo Rd property. The current MF1 zoning allows for multi-family development, and the property is centrally located within minutes of schools, shopping centers, and downtown, making it a prime location for future residents. The property currently features a charming 5-bedroom plus den, 3-bathroom country cottage with a covered backyard. It is rented to a wonderful family at $4,500/month, providing immediate rental income. Highlights: Rare development opportunity in North Glenmore 19-unit plans ready for submission 0.39-acre lot with MF1 zoning Centrally located, close to schools, shopping, and downtown Existing rental income from a charming country cottage (id:46156)

Property Details

MLS® Number	10332173
Property Type	Single Family
Neigbourhood	North Glenmore
Amenities Near By	Schools
Features	Irregular Lot Size
Parking Space Total	8

Building

Bathroom Total	3
Bedrooms Total	5
Appliances	Refrigerator, Dryer, Range - Electric, Washer
Basement Type	Full
Constructed Date	1972
Construction Style Attachment	Detached
Cooling Type	Wall Unit
Exterior Finish	Stucco, Wood Siding
Flooring Type	Laminate
Heating Type	Forced Air, See Remarks
Roof Material	Asphalt Shingle
Roof Style	Unknown
Stories Total	2
Size Interior	2,864 Ft2
Type	House
Utility Water	Municipal Water

Parking

See Remarks
Attached Garage	1

Land

Acreage	No
Land Amenities	Schools
Sewer	Municipal Sewage System
Size Frontage	120 Ft
Size Irregular	0.38
Size Total	0.38 Ac|under 1 Acre
Size Total Text	0.38 Ac|under 1 Acre
Zoning Type	Unknown

Rooms

Level	Type	Length	Width	Dimensions
Second Level	3pc Bathroom			8'0'' x 8'0''
Second Level	Bedroom			12'0'' x 8'0''
Second Level	Bedroom			12'0'' x 10'0''
Second Level	Kitchen			9'0'' x 8'6''
Second Level	Dining Room			8'0'' x 8'0''
Second Level	Living Room			13'0'' x 12'0''
Basement	3pc Bathroom			7'0'' x 5'0''
Basement	Laundry Room			12'0'' x 9'0''
Basement	Den			11'0'' x 8'0''
Basement	Bedroom			13'0'' x 12'0''
Basement	Recreation Room			16'0'' x 14'0''
Main Level	4pc Bathroom			10'0'' x 5'0''
Main Level	Bedroom			11'0'' x 11'0''
Main Level	Primary Bedroom			13'0'' x 10'0''
Main Level	Kitchen			13'0'' x 11'4''
Main Level	Dining Room			12'0'' x 9'0''
Main Level	Living Room			16'0'' x 12'6''

https://www.realtor.ca/real-estate/27806627/163-cariboo-road-kelowna-north-glenmore