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Royal LePage
Royal LePage
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$900,000

290 Homer Road, Kelowna, British Columbia, V1X 3Z5

QuickQuoteTM: $810K - $1.1M
MLS® # 10336483

4 Beds

2 Baths

2316 FEETSQ sqft

Property Information:

Investors & Developers, Take Note! This offering presents an incredible opportunity to own an income-producing property that also offers the potential to build a 6 unit townhome project. Perfectly positioned in a high-demand location, this property is zoned MF1 and ready for redevelopment. The existing property includes a 2 bedroom LEGAL suite, making it an excellent rental investment. There is a single car garage plus ample parking for all the toys. The property is well set up where there is no compromise on outdoor space for as each space not only has their own driveway but also separate fully fenced yards. Completing with vacant status provides immediate leasing flexibility—maximize market rents while you finalize your redevelopment vision. Situated on a quiet street yet close to key amenities, this location offers proximity to public transportation, the university, the airport, schools, shopping, and restaurants. Even better, there is the potential to combine with the neighboring properties 250,270 and 280 Homer Rd. This offers the opportunity to unlock an even grander vision—the potential for a proposed 39-townhome complex! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Stucco, Wood siding
  • Floor Space: 2316 sqft
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Window air conditioner

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 2
  • Access Type: Easy access
  • Amenities Nearby: Public Transit, Park, Recreation, Schools, Shopping
  • Built in: 1967
  • Community Features: Family Oriented
  • Features:
  • Floor Space (approx): 2316 Square Feet
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: See Remarks, Attached garage
  • No. of Parking Spaces: 7

Rooms:

  • Bedroom Main Level 13'5'' x 9'8''
  • Bathroom Main Level 6'9'' x 9'8''
  • Laundry Main Level 7'11'' x 9'8''
  • Primary Bedroom Main Level 10'6'' x 13'7''
  • Other Main Level 21'0'' x 3'7''
  • Living Main Level 21'3'' x 14'6''
  • Kitchen Main Level 20'3'' x 12'1''
  • Other 9'2'' x 5'9''
  • Bedroom 22'3'' x 12'0''
  • Living 17'1'' x 14'9''
  • Kitchen 21'11'' x 13'4''
  • Bathroom 10'4'' x 5'7''
  • Bedroom 13'5'' x 9'8''

Courtesy of: Vantage West Realty Inc.

REALTOR.ca  

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Location of 290 Homer Road, Kelowna, British Columbia, V1X 3Z5

Demographic Information of 290 Homer Road, Kelowna, British Columbia, V1X 3Z5

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$82,209.68

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.26 %

High school certificate or equivalent

33.16 %

Apprenticeship trade certificate/diploma

11.08 %

College/non-university certificate

21.44 %

University certificate (below bachelor)

0.34 %

University Degree

13.72 %

Commuter

Travel To Work

By Car

80.88 %

By Public Transit

8.25 %

By Walking

5.87 %

By Bicycle

0.03 %

By Other Methods

4.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

62.13 %

Houses

37.87 %

Own Vs. Rent

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