CAD $1,249,999
1115 Cactus Road, Kelowna, BC, V1X 5N3, CA
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Listing Courtesy of  Engel & Volkers Okanagan
3 Bd
2 Ba
2,448 sq.ft
AM-5067939
MLS#: 10336356

Prime Rezoned Property for 7-10 Townhomes


This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood
while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area!
while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area!
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Listing Highlights

  • Subtype

    Single Family Residence
  • Price Per Sq Ft

    $510.62
  • Year Built

    1968
  • Garage Spaces

    1
  • Attached Garage Y/N

    Yes
  • Living Area (Sq Ft)

    2,448 sq.ft
  • Stories

    1
  • Tax Annual Amount

    $5,147.95
  • Lot Size (Acres)

    0.46
  • Heating

    Forced Air
  • Cooling

    None

Property Details

  • Interior Features

      Bedrooms

    • Bedrooms: 3
    • Bathrooms

    • Total Bathrooms: 2
    • Full Bathrooms: 2
    • Other Rooms

    • Total Rooms: 14
    • Heating & Cooling

    • Heating: Forced Air
    • Cooling: None
  • Utilities
    Utilities
    Electricity Available
    Water Source
    Public
    Sewer
    Public Sewer
  • Dimensions & Layout

    LowerWorkshop33.00x12.67
    Bedroom13.17x12.17
    Office10.33x12.58
    Full Bath7.00x9.00
    Kitchen13.50x11.50
    Workshop13.08x8.25
    MainLiving Room20.00x11.25
    Kitchen16.00x11.25
    Dining Room10.00x11.25
    Office9.08x10.25
    Primary Bedroom10.25x12.17
    Full Bath10.58x7.00
    Laundry27.25x12.42
    Bedroom10.25x12.58
  • Exterior Features
    Pool Features
    None
  • Construction
    Property Type
    Residential
    Year Built
    1968
    Property Subtype
    Single Family Residence
    New Construction
    No
    Above Grade Finished Area
    1288
    Below Grade Finished Area
    1160
  • Parking
    Garage
    Yes
    Garage Spaces
    1
    Parking Features
    Attached, Garage

Location

  • BC
  • Kelowna
  • V1X 5N3
  • 1115 Cactus Road

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CAD $7,294.65

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

ACTRIS does not verify the information provided in the MLS and disclaims any responsibility for its accuracy and availability. The MLS is made available AS IS and WHEN AVAILABLE. Each Participant and Subscriber agrees to defend and hold ACTRIS harmless from and against any liability arising from any inaccuracy or inadequacy of the information such Participant or Subscriber provides and or any claim based on such Participant or Subscriber’s use of the MLS. Each Participant should verify the accuracy of its information as disseminated through the MLS to all other Participants and immediately notify ACTRIS of any corrections. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Association of Interior Realtors (AIR)

Updated: March 28, 2025 3:30 AM