Home with brick exterior material, street for 3551 Scott Road, Kelowna British Columbia V1W3H5
15 days on Market

3551 Scott Road, Kelowna, British Columbia V1W3H5

Detached
5
3
~2975 sqft
$1,839,000
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Detached
5
3
~2975 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$618/sqft

Est. Mortgage$7,898/mo

Tax Amount ()-

Days On Market15 days


Description

Prime Development (5plex or 2 lot subdivision) or Holding Opportunity in Lower Mission Discover the endless potential with this 0.4-acre flat lot, measuring 104 x 168 feet, located in one of the most sought-after residential neighbourhoods in the Lower Mission. This prime property offers an incredible opportunity for development or as a holding investment. Centrally located, you'll be just minutes away from Lake Okanagan, stunning beaches, highly regarded schools, and a variety of shopping and amenities. The current home features a spacious 3-bedroom layout on the upper level, complemented by a lower-level in-law suite—ideal for extended family or rental income. The property offers fantastic flexibility for those looking to either develop or renovate. The City of Kelowna has indicated strong support for development options, including the potential to build 5 townhomes or to subdivide the lot, allowing for a single-family home plus a duplex. The lot is also large enough to facilitate a rezoning to MF1 (Multi-Family Low Density). Interested buyers are highly recommended to conduct their own due diligence with the city to explore these exciting possibilities further. 5plex and detached/attached development available on request. (id:39198)


Property Details

StyleHouse, Detached
View-
Age of property1974
SqFt~2975 SqFt
Lot Size-
Parking Spaces5
MLS ®Number10339104
Community NameSouth Pandosy - KLO
Data SourceCREA
Listing byColdwell Banker Horizon Realty

Features

Heating: Forced air, See remarks
Cooling: Central air conditioning
Basement: Full

Second level Floor

Dining room

13'10'' x 11'6''

Living room

18'6'' x 13'5''

Bedroom

13'4'' x 8'1''

Bedroom

13'4'' x 8'1''


Features

Municipal sewage system

Parking

Garage spaces 5

Garage type -

Other parking spaces 0

Total parking spaces 5


Property History

Mar 14, 2025
ListedActive
$1,839,000
15 days on market
history photo preview49
Listing by crea®
Property listed by Coldwell Banker Horizon Realty, Brokerage
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Population and Demographics

Overview

Total population 14169
Average household income $105,554

Age (%)

65 and plus
35%
20 to 34
20%
50 to 64
17%
35 to 49
15%
0 to 19
13%

Household composition (%)

Single family
52%
Single person
39%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
German
3%
French
2%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
66%
Renters
34%

Schools and amenities

Estimated Budget

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