For more information, please click Brochure button. 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. All measurements are approximate. Do not miss out! (id:44393)
| MLS® Number | 10373131 |
| Property Type | Single Family |
| Neigbourhood | Lower Mission |
| Features | Balcony |
| Parking Space Total | 10 |
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Appliances | Range, Refrigerator, Hood Fan, Washer & Dryer |
| Basement Type | Full |
| Constructed Date | 1972 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stucco |
| Fireplace Fuel | Wood |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Fireplace Type | Conventional |
| Flooring Type | Mixed Flooring |
| Heating Type | See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Size Interior | 1,956 Ft2 |
| Type | House |
| Utility Water | Government Managed |
| Additional Parking |
| Acreage | No |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 13'6'' x 11'0'' | ||
| Basement | Foyer | 11'0'' x 10'0'' | ||
| Basement | Laundry Room | 11'0'' x 8'0'' | ||
| Basement | Games Room | 13'6'' x 12'0'' | ||
| Basement | 3pc Bathroom | 7'0'' x 6'6'' | ||
| Basement | Family Room | 17'0'' x 12'0'' | ||
| Main Level | 4pc Bathroom | 8'0'' x 5'0'' | ||
| Main Level | Primary Bedroom | 13'9'' x 10'0'' | ||
| Main Level | Dining Room | 11'6'' x 9'4'' | ||
| Main Level | Bedroom | 13'0'' x 9'9'' | ||
| Main Level | Kitchen | 12'0'' x 9'6'' | ||
| Main Level | Living Room | 19'0'' x 13'8'' |
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
| Sewer | Available |
| Water | Available |
https://www.realtor.ca/real-estate/29262064/1007-lanfranco-road-kelowna-lower-mission
Contact us for more information
Darya Pfund
(888) 323-1998
www.easylistrealty.ca/
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