90 days on Market

4377 Lakeshore Road, Kelowna, British Columbia V1W1W6

Detached
1
1
~4025 sqft
$3,750,000
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Detached
1
1
~4025 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$931/sqft

Est. Mortgage$16,105/mo

Tax Amount ()-

Days On Market90 days


Description

Prime Investment Opportunity in Lower Mission. This fully serviced 1.39-acre property in the desirable Lower Mission area presents a rare chance to unlock significant potential value. With its current RU1 zoning, the property could possibly be subdivided into single-family lots or rezoned for multi-family use. Located at 4377 Lakeshore Road, this property is adjacent to Southwind at Sarsons, a three to four-story condominium and townhouse project. It is also within walking distance to three schools, local transit options, the new $6.5M DeHart Park, Mission Creek Trails, the H2O Centre, and Sarsons Beach. Its prime location in Lower Mission offers countless reasons to love living in this vibrant area. Residents enjoy beautiful public beaches along Okanagan Lake and abundant outdoor adventures, with numerous hiking and biking trails right at their doorstep. Food enthusiasts will appreciate the fine dining, breweries, and wineries nearby, while those seeking urban convenience will find the renowned Pandosy Village just minutes away. The property is currently tenanted and includes three buildings: the original home, a garage, a storage shed, and a guest suite. Don’t miss this opportunity to invest in one of the last remaining large estate properties in this sought-after location. (id:39198)


Property Details

StyleHouse, Detached
View-
Age of property1971
SqFt~4025 SqFt
Lot Size-
Parking Spaces-
MLS ®Number10329799
Community NameNorth Mission - Crawford
Data SourceCREA
Listing bySotheby's International Realty Canada

Features

Heating: Forced air

Main level Floor

Full bathroom

Living room

19' x 14'

Primary Bedroom

14' x 13'

Kitchen

13' x 12'


Features

Municipal sewage system

Property History

Nov 30, 2024
ListedActive
$3,750,000
90 days on market
history photo preview19
Listing by crea®
Property listed by Sotheby's International Realty Canada, Brokerage
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Population and Demographics

Overview

Total population 8256
Average household income $152,897

Age (%)

0 to 19
23%
50 to 64
23%
65 and plus
21%
35 to 49
19%
20 to 34
14%

Household composition (%)

Single family
74%
Single person
22%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
90%
Others
5%
German
2%
French
2%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget

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