840 Lanfranco Road Unit# 1 - 12 Kelowna, British Columbia V1W 3X1
$6,499,000
**PRIME INVESTMENT OPPORTUNITY | ** Exceptional 0.75-acre (32,670 sq. ft.) UC5-zoned property in the desirable Lower Mission neighbourhood, featuring **12 separately titled townhomes** across three well-maintained buildings. Each unit offers 2 bedrooms, 1.5 bathrooms, a kitchen, living room, and in-suite laundry. Currently generating **strong monthly rental income**, this property provides excellent holding income with significant redevelopment potential. UC5 zoning may allow MIXED- USE residential or HOTEL development of up to 6 storeys, with a potential **2.05 FAR and approximately 66,900 sq. ft. of buildable floor area**, subject to municipal approvals and applicable regulations. The property offers ample parking and a prime location within walking distance of Okanagan College and minutes from Gyro Beach, H2O, shopping, restaurants, and other amenities. **An outstanding opportunity for investors and developers seeking immediate income and long-term redevelopment potential!** (id:67404)
Property Details
| MLS® Number | 10404607 |
| Property Type | Other |
| Neigbourhood | Kelowna South |
| Community Name | The Juniper Place |
| Amenities Near By | Recreation, Schools |
Building
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Current Use | Mixed Use |
| Land Amenities | Recreation, Schools |
| Sewer | Municipal Sewage System |
| Size Frontage | 271 Ft |
| Size Irregular | 0.75 |
| Size Total | 0.75 Ac|under 1 Acre |
| Size Total Text | 0.75 Ac|under 1 Acre |
https://www.realtor.ca/real-estate/30453934/840-lanfranco-road-unit-1-12-kelowna-kelowna-south
Contact Us
Contact us for more information
Gary Judge
210 - 1751 Harvey Ave
Kelowna, British Columbia V1Y 6G4
(778) 484-4022
Dimple Judge
210 - 1751 Harvey Ave
Kelowna, British Columbia V1Y 6G4
(778) 484-4022
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October 28 2026 07:24:51
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