157-163 Cariboo Road, Kelowna, BC, V1V 2E4 - commercial for sale | Listing ID 10314427

157-163 Cariboo Road, Kelowna, British Columbia, V1V 2E4

MLS® # 10314427

Commercial For Sale In Glenmore - Clifton - Dilworth, Kelowna, British Columbia

$3,199,998

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157-163 Cariboo Road, Kelowna, British Columbia, V1V 2E4

$3,199,998

Property Information:

Prime Development Opportunity: 2 Lots for Land Assembly in Desirable Kelowna Calling all investors and developers! Here's your chance to seize a lucrative opportunity in one of Kelowna's most sought-after areas. This ""land assembly"" encompasses 0.77 acres, totaling a generous 33,541.12 square feet of prime development potential. Situated in a highly desirable location, this site is poised for the construction of 19 townhome units, thanks to the newly approved OCP zoning for multi-family dwellings. The development permit is ready, offering a streamlined path to project commencement. Centrally located, residents will enjoy unparalleled convenience with easy access to transportation, dining options, grocery stores, and more. Plus, proximity to UBC Okanagan and Kelowna Airport enhances the appeal of this location. Currently, both homes on the lots are generating a combined rental income of $7000 per month, providing an immediate return on investment while you finalize your development plans. Don't miss out on this exceptional opportunity to make your mark in Kelowna's thriving real estate market. Act now to secure your future success! (id:27)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix

Property Features:

Property Type: Other
Current Use: Mixed use
Lot Frontage: 244.0 Feet
Zoning Type: Unknown
Sewer: Sewer
Parking Type: Surfaced

Courtesy of: Oakwyn Realty Okanagan

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Market Price Trends

Location of 157-163 Cariboo Road, Kelowna, British Columbia, V1V 2E4

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

28 hot days expected in 2050

Projected Storm Risk: Significant

12 storms expected in 2050

Projected Heat Risk: High

28 hot days expected in 2050

49/100

High

ClimateCheck®

Current data

This property, 157-163 Cariboo Road , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past

33.1℃

2050

36.9℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

12 storms expected in 2050

20/100

Significant

ClimateCheck®

Current data

This property, 157-163 Cariboo Road , experiences 11 significant 2-day storms per year, with about 142.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 156.7mm of precipitation per year.

Precipitation Per Storm

Past

142.5mm

2050

156.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 157-163 Cariboo Road, Kelowna, British Columbia, V1V 2E4

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$109,554.73

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.68 %

High school certificate or equivalent

34.46 %

Apprenticeship trade certificate/diploma

7.94 %

College/non-university certificate

22.82 %

University certificate (below bachelor)

1.71 %

University Degree

24.38 %

Commuter

Travel To Work

By Car

89.87 %

By Public Transit

3.12 %

By Walking

0.75 %

By Bicycle

2.82 %

By Other Methods

3.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

9.33 %

Houses

90.67 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 157-163 Cariboo Road, Kelowna, British Columbia, V1V 2E4

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 157-163 Cariboo Road, Kelowna, British Columbia, V1V 2E4

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

157-163 Cariboo Road, Kelowna, British Columbia, V1V 2E4

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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