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Brandon Grass

brandon@brandongrass.com +1(250) 212-5672

$ 1,250,000

Est. payment -/mo

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Active

1090 Houghton Road Kelowna, BC V1X6G8

5 Beds

2 Baths

2,667 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,667 sqft

Price per Sqft $468

Subdivision Rutland North

MLS® Listing ID 10364225

Bedrooms 5

Year Built 1981

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Freehold

Source Association of Interior REALTORS®

Property Description

Rare high-exposure corner assembly in Kelowna's growth core! First time offered, this 0.56-acre, 2-lot land assembly has been a multi-generational homestead for nearly 60 years & now presents outstanding potential for multi-family redevelopment in one of the city's most active corridors. Currently zoned MF1, with potential under MF2 (buyer to verify), the site could support up to 3 storeys & a possible 1.70 FAR. Even more upside under the 2040 OCP, which designates the site CNHD—opening the door to greater density & mixed-use opportunities. Located on a quiet, pedestrian-friendly street yet steps to Ben Lee Park, schools, shopping, transit & daily amenities, the site delivers unbeatable convenience for both current & future residents. Rutland also serves as a key support area for UBCO, making it ideal for student housing, rentals, or long-term investment. Both properties have been impeccably maintained, featuring beautifully landscaped yards w/ fruit trees and gardens + solid homes w/ walk-outs already plumbed & wired for suite potential--perfect for multi-generational living, or, rental income today and strong redevelopment prospects for tomorrow. Conservative projected rents of $8,000/month offer excellent holding income while development plans take shape. With a nearby site recently approved for a 20-unit project, this assembly is primed for success. 1090 Houghton Rd & 350 Fleming Rd — must be sold together. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 1.0

Extra Room 1 Lower level 8'10'' x 11'5'' Laundry room

Extra Room 2 Lower level 10'11'' x 5'9'' Other

Extra Room 3 Lower level 11'1'' x 12'0'' Bedroom

Extra Room 4 Lower level 9'11'' x 11'8'' Bedroom

Extra Room 5 Lower level 18'8'' x 26'8'' Recreation room

Extra Room 6 Main level 11'5'' x 12'6'' Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N Yes

View Mountain view

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

Listed by eXp Realty (Kelowna)

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