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$848,900

3 Beds

2 Baths

996 FEETSQ

QuickQuoteTM: $822K - $1.1M

Kelowna BC, V1X 4G7

MLS® # 10365668

Property Information:

Outstanding opportunity on a 0.21-acre MF1-zoned lot with solid development and holding potential! Neighboring property also available for the perfect LAND ASSEMBLY. This level, rectangular lot provides excellent access and design flexibility for a duplex, four-plex, or small multi-family infill. The existing 3-bed, 1.5-bath home has been consistently tenant occupied and has plenty of life left with some TLC—perfect as a rental hold, or a modest residence while you plan your future build. MF1 zoning supports gentle density, making this property ideal for investors, builders, or those looking to secure land in a growing area. Home is connected to Rutland water, city sewer, and natural gas, with ample fenced yard space and off-street parking. Located close to Hwy 33, schools, shopping, parks, and downtown, this property combines lifestyle convenience with long-term upside. Live in, rent out, or redevelop... opportunities like this are rare in today’s market. A smart buy with tremendous potential and room to grow! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Rancher
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stucco, Wood siding
  • Floor Space: 996 sqft
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Built in: 1961
  • Floor Space (approx): 996 Square Feet
  • View Type: Mountain view, Valley view, View (panoramic)
  • Sewer: Municipal sewage system
  • Parking Type: Other

Rooms:

  • Bedroom Main Level 10' x 10'
  • Bedroom Main Level 10' x 10'
  • Bathroom Main Level Measurements not available
  • Bathroom Main Level 5' x 7'
  • Primary Bedroom Main Level 12' x 13'
  • Living Main Level 17' x 11'
  • Kitchen Main Level 8' x 12'

Courtesy of: Coldwell Banker Horizon Realty

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Location of 150 Mills Road, Kelowna, British Columbia, V1X 4G7

Demographic Information of 150 Mills Road, Kelowna, British Columbia, V1X 4G7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,678.17

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.39 %

High school certificate or equivalent

33.1 %

Apprenticeship trade certificate/diploma

7.56 %

College/non-university certificate

22.11 %

University certificate (below bachelor)

3.69 %

University Degree

17.15 %

Commuter

Travel To Work

By Car

78.48 %

By Public Transit

9.83 %

By Walking

8.96 %

By Bicycle

1.41 %

By Other Methods

1.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.66 %

Houses

54.34 %

Own Vs. Rent