215 Davie Road S, Kelowna | $1,249,999

Prime development and investment opportunity in Rutland. Developers and investors have the chance to acquire a land assembly at 195 and 215 Davie Road, a flat 0.68-acre site zoned MF1 in the core of the Rutland community. A preliminary architectural study indicates the potential for up to 18 townhome units across three subdivided lots, with each lot accommodating up to six units. This property is ideally located within minutes of schools, shopping, parks, the YMCA, and public transit, with convenient access to UBC Okanagan and Kelowna International Airport, approximately a 10 to 15-minute drive. The existing home is currently tenanted, providing rental income while development plans are underway. The large 75 by 200-foot lots offer easy access to Highway 33, making this a prime location for future development. Viewings require 24-hour notice as the home is tenant-occupied. All information is deemed reliable but should be independently verified. This is a rare opportunity to invest in a rapidly growing area with strong development potential.

Description

Prime development and investment opportunity in Rutland. Developers and investors have the chance to acquire a land assembly at 195 and 215 Davie Road, a flat 0.68-acre site zoned MF1 in the core of the Rutland community. A preliminary architectural study indicates the potential for up to 18 townhome units across three subdivided lots, with each lot accommodating up to six units. This property is ideally located within minutes of schools, shopping, parks, the YMCA, and public transit, with convenient access to UBC Okanagan and Kelowna International Airport, approximately a 10 to 15-minute drive. The existing home is currently tenanted, providing rental income while development plans are underway. The large 75 by 200-foot lots offer easy access to Highway 33, making this a prime location for future development. Viewings require 24-hour notice as the home is tenant-occupied. All information is deemed reliable but should be independently verified. This is a rare opportunity to invest in a rapidly growing area with strong development potential.

General Info


MLS Listing ID: 10340119 Bedrooms: 5 Bathrooms: 2 Year Built: 1970
Parking: N/A Heating: Baseboard heaters, Forced air Lotsize: 0.34 ac|under 1 acre Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: Carpeted, Laminate, Vinyl Fireplaces: N/A Basement: Full

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .