PRIME DEVELOPMENT & INVESTMENT OPPORTUNITY IN WESTBANK URBAN CENTRE! Located in the heart of the Westbank Urban Centre – Commercial Core (Area B), this strategically positioned property offers exceptional future redevelopment potential in one of West Kelowna's fastest-growing corridors. The 0.172-acre (696.06 sq. m.) site is currently zoned RC1 (Compact Residential) and designated WUC-CC (Westbank Urban Centre – Commercial Core) under the Official Community Plan. Proposed OCP policies support the potential for mixed-use development up to 15 storeys, making this an attractive opportunity for developers and investors seeking future density and urban growth potential. The property also features convenient back lane access, a large detached shop, and a layout that may be well-suited for future infill opportunities, including a potential 4-plex development subject to municipal approvals. In the meantime, the property serves as an excellent holding property, featuring three-bedroom, one-bathroom home generating cash flow while planning for future redevelopment. Situated along a high-traffic corridor with excellent exposure and accessibility, the property is surrounded by ongoing growth and future development. Conveniently located near schools, shopping, restaurants, public transit, golf courses, Superstore, and the Johnson Bentley Memorial Aquatic Centre. (id:41613)

Full Address:
3576 Old Okanagan Highway, West Kelowna, British Columbia
Price:
$ 699,000
MLS Number:
10388531
List Date:
June 3rd, 2026
Neighbourhood:
Westbank Centre
Lot Size:
0.17 ac
Year Built:
1947
Taxes:
$ 2,828
Ownership Type:
Freehold

Property Specifications

Bedrooms:
3
Bathrooms:
1
Appliances:
Washer, Refrigerator, Range – Electric, Dishwasher, Dryer
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
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

Mortgage Calculator

powered by Ratehub.ca

Neighbourhood Details

Agent: Kaila KlassenBrokerage: Royal LePage Kelowna Phone: 250-460-1840

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Let us find your dream home today!

Contact Us 250.492.2266