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$1,650,000
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1007 Lanfranco Rd, Kelowna, BC

House

For Sale

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321
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1956 sqft
Garage Yes
Taxes $3,896
Days Active 3
Lot Size 
Approx. Age 1972
Avg. Price Per Sqft $843
MLS® Number 10352768

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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:58753)Show Description
MLS® Number10352768
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1972
BasementFull
DrivewayAttached Garage, See Remarks
Garage Spaces
HeatForced air, See remarks
A/C
Heating Fuel

Extras

Rooms

Show Details
Family Room:Basement17 × 12 ft
Bedroom 1:Main13 × 9.75 ft
Other:Basement11 × 10 ft
Game Room:Basement13.5 × 12 ft
Living Room:Main19 × 13.67 ft
Other:Main8 × 5 ft
Laundry:Basement11 × 8 ft
Master Bedroom:Main13.75 × 10 ft
Kitchen:Main12 × 9.5 ft
Other:Basement7 × 6.5 ft
Dining Room:Main11.5 × 9.34 ft

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