350 Fleming Road Kelowna, British Columbia V1X 3Z3

$1,250,000

Rare high-exposure corner assembly in Kelowna’s growth core! First time offered, this 0.56-acre, 2-lot land assembly has been a multi-generational homestead for nearly 60 years & now presents outstanding potential for multi-family redevelopment in one of the city’s most active corridors. Currently zoned MF1, with potential under MF2 (buyer to verify), the site could support up to 3 storeys & a possible 1.70 FAR. Even more upside under the 2040 OCP, which designates the site CNHD—opening the door to greater density & mixed-use opportunities. Located on a quiet, pedestrian-friendly street yet steps to Ben Lee Park, schools, shopping, transit & daily amenities, the site delivers unbeatable convenience for both current & future residents. Rutland also serves as a key support area for UBCO, making it ideal for student housing, rentals, or long-term investment. Both properties have been impeccably maintained, featuring beautifully landscaped yards w/ fruit trees and gardens + solid homes w/ walk-outs already plumbed & wired for suite potential--perfect for multi-generational living, or, rental income today and strong redevelopment prospects for tomorrow. Conservative projected rents of $8,000/month offer excellent holding income while development plans take shape. With a nearby site recently approved for a 20-unit project, this assembly is primed for success. 1090 Houghton Rd & 350 Fleming Rd — must be sold together. (id:46156)

Property Details

MLS® Number	10363363
Property Type	Single Family
Neigbourhood	Rutland North
Features	Balcony
Parking Space Total	4
View Type	Mountain View

Building

Bathroom Total	2
Bedrooms Total	4
Architectural Style	Split Level Entry
Basement Type	Full
Constructed Date	1963
Construction Style Attachment	Detached
Construction Style Split Level	Other
Cooling Type	Central Air Conditioning
Exterior Finish	Wood Siding
Heating Type	Forced Air
Roof Material	Asphalt Shingle
Roof Style	Unknown
Stories Total	2
Size Interior	1,878 Ft2
Type	House
Utility Water	Municipal Water

Parking

Additional Parking
Attached Garage	1
R V	1

Land

Acreage	No
Landscape Features	Underground Sprinkler
Sewer	Municipal Sewage System
Size Irregular	0.28
Size Total	0.28 Ac|under 1 Acre
Size Total Text	0.28 Ac|under 1 Acre

Rooms

Level	Type	Length	Width	Dimensions
Lower Level	Full Bathroom			5'7'' x 8'7''
Lower Level	Laundry Room			9'0'' x 12'1''
Lower Level	Bedroom			10'10'' x 12'1''
Lower Level	Bedroom			10'10'' x 12'9''
Lower Level	Living Room			18'8'' x 12'9''
Lower Level	Kitchen			11'7'' x 12'1''
Lower Level	Living Room			18'8'' x 12'9''
Main Level	Dining Room			8'8'' x 12'2''
Main Level	Bedroom			10'11'' x 11'10''
Main Level	Full Bathroom			5'3'' x 8'5''
Main Level	Primary Bedroom			13'1'' x 10'1''
Main Level	Kitchen			12'4'' x 12'2''

https://www.realtor.ca/real-estate/28917362/350-fleming-road-kelowna-rutland-north