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$ 1,345,998
Est. payment /mo
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2248 Stillingfleet Road Kelowna, BC V1Y7Y9
0.34 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Kelowna South
MLS® Listing ID 10362623
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type Freehold
Property Description
Projected GDV $8.45M. Estimated developer profit $1.5M+ before taxes. Phased three building construction reducing capital exposure. Townhouse Infill (<$150k per door) Serious developer opportunity in a proven South Kelowna neighbourhood. This is the cleanest, lowest-risk missing-middle infill play available right now. Flat, fully serviced 15,006 sf parcel (82 ft by 183 ft / 0.34 acres). Established family pocket with immediate walkability to Stillingfleet Park, Guisachan Village shops, transit, schools, and daily amenities. Straightforward teardown of the existing 1960s bungalow. MF2 Townhouse Zoning. Full site plan approved for nine 3-storey, ground-oriented townhomes in three clusters of three. Private outdoor spaces, rooftop decks, 18+ on-site parking stalls, and landscaping that exceeds City urban forest standards. Zero variances needed. No rezoning. No hearings. Pour footings within months of closing. Priced at <$150k per door, represents a disciplined 14% discount to the 2016 neighbourhood precedent. Land pencils cleanly at this price for a sharp operator. 9-unit ground-oriented townhomes. Aligns perfectly with Kelowna's OCP 2040 and Townhouse Guidelines — gentle density, family housing, infill in a serviced neighbourhood. Fastest path to revenue versus any comparable parcel on the market. Ideal for builders or developers seeking a low-complexity, high-certainty project: under construction this year, units delivered 2027. Bring your pro forma. Serious inquiries only. Contact listing agent for full information package, drawings, and reports. Priced to transact in today's disciplined market. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features Family Oriented
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Macdonald Realty
NEARBY SCHOOL & BUSINESS
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