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1007-3425 Lanfranco-Barberry Road
Lower Mission Kelowna V1W 3X2

$1,859,900
Vacant Land

Main Photo: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
Photo 1: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
Photo 2: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
Photo 3: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
Photo 4: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
Photo 5: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
Photo 6: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
Status:
Active
Prop. Type:
Vacant Land
MLS® Num:
10333060
Prime Development Opportunity in Lower Mission A rare investment opportunity in one of Kelowna’s most sought-after neighborhoods! 1007 Lanfranco presents a proposed 8-unit townhouse development in the heart of Lower Mission, offering contemporary designs with rooftop patios, double car garages, and elevators. With MF2 zoning and Development Permit approval secured, this property is primed for future development. Additionally, there is potential to subdivide into three lots under MF1 zoning (details available upon request). For investors seeking immediate returns, the existing home on the lot provides strong rental income potential, making this an excellent holding property while planning the next steps. Ideally located with easy access to top-rated schools, parks, shopping, and Okanagan Lake, this site is perfectly positioned to meet the increasing demand for quality housing in Kelowna. Elevar Properties has already completed the necessary rezoning and development approvals, ensuring a smooth transition for the next owner. Seller will offer a vendor take-back mortgage (VTB) based on the agreed-upon purchase price and terms. This is a rare chance to acquire a prime development site with both short-term income potential and long-term growth value. Contact us today for more details! (id:2493)
Property Type:
Vacant Land
Common Interest:
Freehold
Zoning:
Unknown
Taxes:
$3,896 / -
Community:
Lower Mission
Structure Type:
Other
Utilities:
Water
Fireplace:
No
Water:
Municipal water
Sewer:
Municipal sewage system
Lot Size:
14,810 sq. ft.
Lot Details:
0.34
Road Surface:
Paved road
  • Photo 1: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
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  • Photo 2: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
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  • Photo 4: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
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  • Photo 5: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
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  • Photo 6: 1007-3425 Lanfranco-Barberry Road in Kelowna: Vacant Land for sale : MLS®# 10333060
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Listed by Oakwyn Realty Okanagan and Oakwyn Realty Ltd.
Data was last updated February 13, 2025 at 06:45 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$479,900
Min list price:
$479,900
Max list price:
$1,950,000
Avg days on market:
85
Min days on market:
16
Max days on market:
275
These statistics are generated based on the current listing's property type and located in Lower Mission. Average values are derived using median calculations.
Kara Rosart*PREC
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.