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$720,000

4 Beds

2 Baths

2282 FEETSQ

QuickQuoteTM: Not Available

West Kelowna BC, V4T 1P3

MLS® # 10356843

Property Information:

An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations.

Property Features:

  • Bedrooms: 4
  • Bathrooms: 1+1
  • Annual Tax Amount: $3,192
  • Appliances: Dryer, Gas Oven, Refrigerator, Washer
  • Built in: 1925
  • Construction Materials: Block, Concrete, Stucco, Vinyl Siding, Wood Frame
  • Cooling: None
  • Exterior Features: Garden
  • Floor Space (approx): 2282 Square Feet
  • Flooring: Carpet, Concrete, Laminate, Linoleum, Tile
  • Heating: Baseboard, Forced Air, Natural Gas, Wood Stove
  • Lot Size: 0.17 Acres
  • Parking Features: Additional Parking, Other, Rear/Side/Off Street
  • Roof: Asphalt, Shingle
  • Water Source: Public
  • Sewer: Public Sewer
  • No. of Parking Spaces: 6

Rooms:

  • Storage Main Level 3.22 m x 2.80 m
  • Other Main Level 3.22 m x 2.95 m
  • Office Main Level 5.41 m x 1.96 m
  • Bathroom 2nd Level 3.73 m x 1.78 m
  • Bedroom 2nd Level 4.29 m x 3.81 m
  • Bedroom 2nd Level 4.40 m x 4.19 m
  • Bedroom 2nd Level 3.76 m x 2.92 m
  • Bathroom Main Level 2.46 m x 1.85 m
  • Dining Main Level 4.34 m x 3.68 m
  • Primary Bedroom Main Level 3.22 m x 3.12 m
  • Living Main Level 6.10 m x 3.73 m
  • Kitchen Main Level 4.37 m x 3.99 m

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Location of 3570 Old Okanagan Highway, West Kelowna, BC, V4T 1P3

Demographic Information of 3570 Old Okanagan Highway, West Kelowna, BC, V4T 1P3

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$84,497.63

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.27 %

High school certificate or equivalent

36.73 %

Apprenticeship trade certificate/diploma

9.59 %

College/non-university certificate

21.96 %

University certificate (below bachelor)

1.67 %

University Degree

12.78 %

Commuter

Travel To Work

By Car

78.67 %

By Public Transit

4.67 %

By Walking

11.33 %

By Bicycle

0.0 %

By Other Methods

5.33 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.39 %

Houses

58.61 %

Own Vs. Rent