5 Bedroom
2 Bathroom
2,667 ft2
Central Air Conditioning
Forced Air
$1,150,000
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, the site could support up to 3 storeys & a possible 1.70 FAR (buyer to verify). 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 $8,500/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. (id:63400)
Property Details
|
MLS® Number
|
10371356 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
Rutland North |
|
Parking Space Total
|
4 |
|
View Type
|
Mountain View |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Total
|
5 |
|
Basement Type
|
Full |
|
Constructed Date
|
1981 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Heating Type
|
Forced Air |
|
Stories Total
|
2 |
|
Size Interior
|
2,667 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
|
Size Irregular
|
0.28 |
|
Size Total
|
0.28 Ac|under 1 Acre |
|
Size Total Text
|
0.28 Ac|under 1 Acre |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Laundry Room |
|
|
8'10'' x 11'5'' |
|
Lower Level |
Other |
|
|
10'11'' x 5'9'' |
|
Lower Level |
Bedroom |
|
|
11'1'' x 12'0'' |
|
Lower Level |
Bedroom |
|
|
9'11'' x 11'8'' |
|
Lower Level |
Recreation Room |
|
|
18'8'' x 26'8'' |
|
Main Level |
Bedroom |
|
|
11'5'' x 12'6'' |
|
Main Level |
Bedroom |
|
|
9'10'' x 12'6'' |
|
Main Level |
Dining Room |
|
|
10'1'' x 11'4'' |
|
Main Level |
Full Ensuite Bathroom |
|
|
6'10'' x 5'7'' |
|
Main Level |
Full Bathroom |
|
|
6'10'' x 8'2'' |
|
Main Level |
Primary Bedroom |
|
|
11'1'' x 14'1'' |
|
Main Level |
Living Room |
|
|
21'3'' x 17'3'' |
|
Main Level |
Kitchen |
|
|
17'11'' x 11' |
https://www.realtor.ca/real-estate/29195066/1090-houghton-road-kelowna-rutland-north