1007 Lanfranco Road new Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1W3X2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $843
Subdivision Lower Mission
MLS Listing ID 10352768
Bedrooms 3
Year Built 1972
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
A rare find in one of Kelowna's most desirable neighbourhoods—1007 Lanfranco Road offers both immediate rental income and long-term development potential. Situated on a large lot, this well-maintained home is ideal for families, investors, or those looking to hold while planning their next move. The property is zoned MF2 with an approved Development Permit in place for an 8-unit townhome project featuring rooftop patios, private elevators, and double garages. There's also potential to rezone under MF1 and subdivide into three lots (details available upon request). Whether you're looking for a future build site or a strong holding property, this one checks all the boxes. The existing home offers solid rental income potential, making it a great option for those seeking a primary residence with a mortgage helper or investment upside. Flexible financing available, including the option for a Vendor Take Back (VTB) mortgage. Located in the heart of Lower Mission near top-rated schools, shopping, parks, and Okanagan Lake, this property combines location, lifestyle, and future value. Don't miss this unique opportunity. All information, including zoning, development potential, and measurements, is deemed reliable but not guaranteed. Buyers to verify independently. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 1.0
Extra Room 1 Basement 11'0'' x 10'0'' Foyer
Extra Room 2 Basement 7'0'' x 6'6'' 3pc Bathroom
Extra Room 3 Basement 11'0'' x 8'0'' Laundry room
Extra Room 4 Basement 13'6'' x 11'0'' Bedroom
Extra Room 5 Basement 13'6'' x 12'0'' Games room
Extra Room 6 Basement 17'0'' x 12'0'' Family room
Interior
Heating Forced air,See remarks
Flooring Carpeted,Laminate
Fireplaces Type Conventional
Exterior
Parking Features Yes
Garage Spaces 1.0
Garage Description 1
View Y/N No
Roof Type Unknown
Total Parking Spaces 1
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold