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$1,950,000

4 Beds

3 Baths

2128 FEETSQ

QuickQuoteTM: $1.8M - $2.2M

Kelowna BC, V1P 1L9

MLS® # 10359042

Property Information:

Prime Development Opportunity! Seize this rare chance to own half an acre of high-exposure property at the corner of Highway 33 and Loseth Drive, the eastern gateway into Kelowna. With unmatched visibility and direct access to one of the city’s fastest-growing communities, this property is perfectly positioned for future growth. Located directly across from the massive new residential and commercial development in Black Mountain, this site offers tremendous potential. Currently zoned RU1, the property can be subdivided, with each lot eligible for up to four units. Buyers are to perform their due diligence regarding zoning and development options. Multiple pathways for value: Hold for income with existing tenants in both the upper and lower suites. Utilize the three-bay garage (24’ deep x 36’ wide) for office, storage, or business (I vote golf simulator) purposes. Redevelop and capitalize on the booming surrounding area. With high traffic counts, strategic positioning, and future growth all around, properties like this rarely come to market. Whether you’re an investor, developer, or business owner, this is an opportunity you don’t want to miss. Showings by appointment only with an accepted offer. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Other
  • Construction Style - Attachment: Detached
  • Floor Space: 2128 sqft
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Built in: 1986
  • Fence Type: Chain link
  • Floor Space (approx): 2128 Square Feet
  • Parking Type: Detached garage
  • No. of Parking Spaces: 20

Rooms:

  • Storage Basement Level 7'4'' x 4'8''
  • Great Room Basement Level 18'3'' x 15'2''
  • Kitchen Basement Level 7'9'' x 19'
  • Bedroom Basement Level 10'10'' x 21'11''
  • Bathroom Basement Level 7'4'' x 7'8''
  • Primary Bedroom Main Level 12' x 12'
  • Dining Main Level 11'1'' x 10'9''
  • Bedroom Main Level 10'1'' x 9'8''
  • Bathroom Main Level 4'11'' x 5'
  • Bedroom Main Level 10'1'' x 12'2''
  • Bathroom Main Level 10'7'' x 4'10''
  • Living Main Level 16' x 15'4''
  • Kitchen Main Level 10'7'' x 11'3''

Courtesy of: Coldwell Banker Horizon Realty

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Location of 1584 Highway 33 E, Kelowna, British Columbia, V1P 1L9

Demographic Information of 1584 Highway 33 E, Kelowna, British Columbia, V1P 1L9

Life Stage

Growing Families

Employment Type

Mixed

Average Household Income

$127,940.86

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.17 %

High school certificate or equivalent

33.46 %

Apprenticeship trade certificate/diploma

11.78 %

College/non-university certificate

25.83 %

University certificate (below bachelor)

1.81 %

University Degree

12.96 %

Commuter

Travel To Work

By Car

93.91 %

By Public Transit

2.19 %

By Walking

1.17 %

By Bicycle

0.0 %

By Other Methods

2.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.29 %

Houses

99.71 %

Own Vs. Rent