Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
For more information click the brochure button below. A rare find in one of Kelowna’s most desirable neighbourhoods—1007 Lanfranco Road offers both immediate potential rental income and a development opportunity. Situated on a large .34-acre lot, this well-maintained home is tenanted and producing an income stream. 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 is also potential to rezone under MF1 and subdivide into three lots. Whether you’re looking for a build site or a strong holding property; this one checks all the boxes. The existing home offers solid rental income (tenant fixed term lease until June 30/26) while final permitting is completed. 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. Listing contains rendering photos as examples. Do not miss out! (id:61048)
| MLS® Number | 10373925 |
| Property Type | Other |
| Neigbourhood | Lower Mission |
| Parking Space Total | 10 |
| Constructed Date | 1972 |
| Cooling Type | Central Air Conditioning |
| Heating Type | See Remarks |
| Size Interior | 1,032 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Government Managed |
| Additional Parking |
| Acreage | No |
| Current Use | Mixed Use |
| Fence Type | Fence |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.34 |
| Size Total | 0.34 Ac|under 1 Acre |
| Size Total Text | 0.34 Ac|under 1 Acre |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/29291090/1007-lanfranco-road-kelowna-lower-mission
Contact us for more information
Darya Pfund
(888) 323-1998
www.easylistrealty.ca/