1090 Houghton Road, Kelowna, BC, V1X6G8

Property Details: - Type: House/Single Family - Bedrooms: 5 - Bathrooms: 2 - MLS#: 10379132 Listed By: LPT REALTY ULC

Rare high-exposure corner assembly in Kelowna’s growth core! First time offered, this 0.56-acre, 2-lot land assembly has been a multigenerational 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, ideal for student housing, rentals, or longterm investment. Impeccably maintained properties, featuring beautifully landscaped yards w/ fruit trees and gardens + solid homes w/ walk-outs already plumbed & wired for suite potential--perfect for multi-gen living, or, rental income today & strong redevelopment prospects for tomorrow. 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. Offered at $2,300,000 for both 1090 Houghton Rd & 350 Fleming Rd. Option to add another 0.34acre property increasing the package to 0.91 ac and a 170' X 240' corner lot. (id:65070) This house/single family home located at 1090 Houghton Road, Kelowna is currently for sale and has been available on Zolo.ca for 42 days. This property is listed at $1,150,000 with an estimated mortgage of $4,233* per month. It has 5 beds and 2 bathrooms. The property was built in 1981. 1090 Houghton Road, Kelowna is in the Rutland North neighborhood Kelowna.