880 Badke Road new

Kelowna,BC V1X5Z6

$ 13250000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Townhouse

Sub Type Strata

Listing Status Active

Purchase Type For Sale

Subdivision Rutland North

MLS Listing ID 10343895

Originating Board Association of Interior REALTORS®

Year Built 1979

Lot Size 1.750 Acres

Acres 76230.0

Property Sub-Type Strata

Property Description

An exceptional opportunity to acquire a fully stratified, 26-unit townhouse development on a 1.75-acre parcel in the heart of Kelowna's rapidly evolving Rutland Urban Centre. Ideally positioned directly across from Ben Lee Park and bordering the Houghton Road Recreation Corridor, this property offers both lifestyle appeal and strategic long-term value. Located within the City's designated redevelopment zone, the site is zoned UC4, allowing for up to 6 storeys with a density bonus—making it a prime candidate for future multifamily redevelopment. Most of the units are owner-occupied, with estimated market rents of approximately $2,500 per month, equating to a potential gross annual income of $780,000. Just 8 minutes to UBCO and Kelowna International Airport, 15 minutes to Okanagan Lake, and 40 minutes to Big White, this location offers strong projected holding income and exceptional redevelopment potential in one of Kelowna's most active and connected growth corridors. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling Wall unit

Exterior

Parking Features Yes

Community Features Pets Allowed

View Y/N No

Roof Type Unknown

Total Parking Spaces 38

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Strata

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