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$1,250,000

4 Beds

2 Baths

1878 FEETSQ

QuickQuoteTM: Not Available

Kelowna BC, V1X 3Z3

MLS® # 10363363

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Split level entry
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Construction Style - Split Level: Other
  • Exterior Finish: Wood siding
  • Floor Space: 1878 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: 2
  • Built in: 1963
  • Features: Balcony
  • Floor Space (approx): 1878 Square Feet
  • Landscape Features: Underground sprinkler
  • View Type: Mountain view
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage, RV
  • No. of Parking Spaces: 4

Rooms:

  • Bathroom Lower Level 5'7'' x 8'7''
  • Laundry Lower Level 9'0'' x 12'1''
  • Bedroom Lower Level 10'10'' x 12'1''
  • Bedroom Lower Level 10'10'' x 12'9''
  • Living Lower Level 18'8'' x 12'9''
  • Kitchen Lower Level 11'7'' x 12'1''
  • Living Lower Level 18'8'' x 12'9''
  • Dining Main Level 8'8'' x 12'2''
  • Bedroom Main Level 10'11'' x 11'10''
  • Bathroom Main Level 5'3'' x 8'5''
  • Primary Bedroom Main Level 13'1'' x 10'1''
  • Kitchen Main Level 12'4'' x 12'2''

Courtesy of: eXp Realty (Kelowna)

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Location of 350 Fleming Road, Kelowna, British Columbia, V1X 3Z3

Demographic Information of 350 Fleming Road, Kelowna, British Columbia, V1X 3Z3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,209.68

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.26 %

High school certificate or equivalent

33.16 %

Apprenticeship trade certificate/diploma

11.08 %

College/non-university certificate

21.44 %

University certificate (below bachelor)

0.34 %

University Degree

13.72 %

Commuter

Travel To Work

By Car

80.88 %

By Public Transit

8.25 %

By Walking

5.87 %

By Bicycle

0.03 %

By Other Methods

4.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.13 %

Houses

37.87 %

Own Vs. Rent