PRIME DEVELOPMENT: Opportunity in Westbank Urban Centre – Commercial Core (Area B) ATTENTION: Developers & Investors — secure a pivotal property in the rapidly evolving Westbank Urban Centre – Commercial Core Area B, recently designated under the new Official Community Plan (OCP). This well-located lot offers outstanding future potential in one of West Kelowna’s most strategic growth areas. FUTURE LAND USE: This 0.172-acre (696.06 sqm) site is currently zoned RC1 (Compact Residential) with an OCP designation of WUC-CC (Westbank Urban Centre – Commercial Core). Proposed OCP updates suggest potential for mixed-use development up to 15 storeys — ideal for developers targeting density and urban integration. RENT: The existing three-bedroom, one-bathroom home is well maintained and generates $2,500/month in rental income, making it a strong holding property while you plan redevelopment. HIGHLIGHTS: Prime location close to schools, restaurants, transit, golf, Superstore & Johnson Bentley Rec Centre Strong rental income in place: $2,500/month + Utilities Potential for high-rise, mixed-use development under new OCP guidelines Buyer to verify development potential as zoning and density bylaws are being finalized SECURE your position in West Kelowna’s future growth core today. (id:41613)

Full Address:
3576 Old Okanagan Highway, West Kelowna, British Columbia
Price:
$ 988,888
MLS Number:
10346271
List Date:
May 5th, 2025
Neighbourhood:
Westbank Centre
Lot Size:
0.17 ac
Year Built:
1947
Taxes:
$ 2,340
Ownership Type:
Freehold

Property Specifications

Bedrooms:
3
Bathrooms:
1
Appliances:
Washer, Refrigerator, Range – Electric, Dishwasher, Dryer
Flooring:
Laminate, Carpeted, Linoleum
Heating:
Forced air, See remarks
Basement:
Cellar

Interior Features

Architectural Style:
Ranch
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Vinyl siding
Garage:
Detached Garage, See Remarks, Additional Parking
Garage Spaces:
2

Building Features

Finished Area:
1250 sq.ft.
Rooms:

Floors

Lot Size:
0.17 ac

Land

Neighbourhood Features

Ratings

Commercial Info

Location

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Neighbourhood Details

Agent: Clifford MayBrokerage: Realty One Real Estate Ltd Phone: 250-258-4343

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