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157-163 Cariboo Road, Kelowna | $2,998,000

INVESTORS BUILDERS ALERT! Rare opportunity to acquire a premier land assembly in Kelownaa??s sought-after North Glenmore neighbourhood. Located at **157a??163 Cariboo Road**, this offering combines two adjacent properties totaling approximately 0.77 acres (33,541 sq. ft.) with excellent redevelopment potential. Designated under the proposed OCP 2040 framework, the site offers strong potential for multi-family residential development (buyer to verify). The property currently includes two tenant-occupied homes generating holding income during the planning and approval process. Two income-producing rental homes, Excellent multi-family development potential Prime North Glenmore location Steps to transit, shopping, restaurants, and everyday amenities Near a new soccer field and planned community centre. Minutes to University of British Columbia Okanagan and Kelowna International Airport. An exceptional opportunity to secure a high-potential development site in one of Kelownaa??s fastest-growing neighbourhoods.

Description

INVESTORS BUILDERS ALERT! Rare opportunity to acquire a premier land assembly in Kelownaa??s sought-after North Glenmore neighbourhood. Located at **157a??163 Cariboo Road**, this offering combines two adjacent properties totaling approximately 0.77 acres (33,541 sq. ft.) with excellent redevelopment potential. Designated under the proposed OCP 2040 framework, the site offers strong potential for multi-family residential development (buyer to verify). The property currently includes two tenant-occupied homes generating holding income during the planning and approval process. Two income-producing rental homes, Excellent multi-family development potential Prime North Glenmore location Steps to transit, shopping, restaurants, and everyday amenities Near a new soccer field and planned community centre. Minutes to University of British Columbia Okanagan and Kelowna International Airport. An exceptional opportunity to secure a high-potential development site in one of Kelownaa??s fastest-growing neighbourhoods.

General Info


MLS Listing ID: 10389017 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: N/A Lotsize: 0|under 1 acre Air Conditioning : N/A

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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 .