This is a rare opportunity to acquire a prime 2-acre development property boasting exceptional potential in a highly convenient central location. The site offers potential for 8-9 MF1 lots, with an option to rezone to MF2 for a higher density development footprint. Its centralized position provides convenient access to a wide variety of desirable amenities, including nearby golf courses, the greenway, schools, transit, shopping, and dining options. Developers are invited to bring their vision to maximize the potential of this ideal location, though all density and rezoning details must be formally confirmed with the City of Kelowna. (id:60457)

Room Type	Level	Dimensions

Date	Status	Price	Change
2024-Dec-14	Listed	$1,250,000	-2.0%
2024-Nov-27	Price Change	$1,275,000	-1.8%
2024-Oct-31	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-21	Sold	$1,150,000	-2.1%
2023-Aug-09	Price Change	$1,175,000	-2.0%
2023-Jul-14	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-17	Sold	$985,000	-1.4%
2022-Mar-04	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-11	Sold	$825,000	-2.8%
2021-Aug-27	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Date	Status	Price	Change

Rate

Provider

Payment

3.79%

Coast Capital

$17,621

4.09%

Manulife

$18,264

4.19%

CIBC

$18,481

4.39%

National Bank

$18,918

4.49%

BMO

$19,138

4.59%

RBC

$19,360

4.59%

$19,360

4.84%

CWB

$19,919

5.59%

Community Trust

$21,638

Date	Status	Price	Change
2024-Dec-14	Listed	$1,250,000	-2.0%
2024-Nov-27	Price Change	$1,275,000	-1.8%
2024-Oct-31	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-21	Sold	$1,150,000	-2.1%
2023-Aug-09	Price Change	$1,175,000	-2.0%
2023-Jul-14	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-17	Sold	$985,000	-1.4%
2022-Mar-04	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-11	Sold	$825,000	-2.8%
2021-Aug-27	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Pricing
Asking Price	$4,750,000
Price per Floor SqFt	$2,013
Taxes & Fees
Property Taxes

More Details
Additional Info
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Private Data

Year	Land	Impr.	Total	YoY%
2026	$1,572,000	$37,800	$1,609,800	+0.0%
2024	$1,572,000	$37,300	$1,609,300	+1.0%
2023	$1,557,000	$36,800	$1,593,800	+11.8%
2022	$1,341,000	$85,100	$1,426,100	+20.6%
2021	$1,118,000	$64,400	$1,182,400	-

Year	Land	Impr.	Total	YoY%	Taxes

Year	Land	Impr.	Total	YoY%
2026	$1,572,000	$37,800	$1,609,800	+0.0%
2024	$1,572,000	$37,300	$1,609,300	+1.0%
2023	$1,557,000	$36,800	$1,593,800	+11.8%
2022	$1,341,000	$85,100	$1,426,100	+20.6%
2021	$1,118,000	$64,400	$1,182,400	-

Property Photos

1980 KLO Road, Kelowna, BC V1W 2H6

1980 KLO Road, Kelowna, BC V1W 2H6

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Borhan Farjoo

Borhan Farjoo

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