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Home BC Greater Kelowna Kelowna South Pandosy - KLO
1007-3425 Lanfranco-Barberry Road
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1007-3425 Lanfranco-Barberry Road $1,650,000
$1,650,000
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1007-3425 Lanfranco-Barberry Road
Kelowna, British Columbia V1W3X2

MLS® Number: 10343375

Listing Description

Prime Development Opportunity in Lower Mission A rare investment opportunity in one of Kelowna’s most desirable neighbourhoods! 1007 Lanfranco Road presents a proposed 8-unit townhome development featuring modern design, rooftop patios, double garages, and private elevators. With MF2 zoning and Development Permit approval secured, this property is shovel-ready and primed for growth. There’s also potential to subdivide into three separate lots under MF1 zoning—details available upon request. The existing home offers strong rental income, making it a solid holding property while planning the next phase. Flexible financing available, including the option of a Vendor Take Back (VTB) mortgage—an excellent opportunity to maximize investment potential. Located in the heart of Lower Mission with easy access to top-rated schools, parks, beaches, shopping, and Okanagan Lake. Rezoning and development approvals are already complete, ensuring a smooth transition for the next owner. Don’t miss this chance to secure a high-potential site with short-term income and long-term value. Contact us today for more information! All information, including zoning, development potential, measurements, and financial terms, is deemed reliable but not guaranteed and should be verified by the buyer or buyer’s agent. (38515648)

Property Summary

Property Type
Other
Building Type
Residential Commercial Mix
Neighbourhood Name
Lower Mission
Land Size
0.34 ac|under 1 acre
Time on REALTOR.ca
28 days

Building

Bathrooms
Partial
0
Utilities
Utility Type
Water (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Lot Features
Frontage
85 ft
Present Use
Mixed use
Other Property Information
Zoning Type
Unknown
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6
Kara Rosart