Homes for sale - 1007 Lanfranco Road, Kelowna, BC V1W3X2

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Jeremy Engstad

kelownarealestateinfo@gmail.com +1(250) 275-4737

$1,650,000

Est. payment - /mo

3 Beds

2 Baths

1,956 SqFt

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UPDATED:

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

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Listed by Oakwyn Realty Okanagan

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Jeremy Engstad

+1(250) 275-4737

Broker Associate

1007 Lanfranco Road Kelowna, BC V1W3X2

Jeremy Engstad

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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