350 Fleming Road
MLS® Number: 10363363
$ 1,250,000
4
BEDROOMS
2 + 0
BATHROOMS
1,878
SQUARE FEET
1963
YEAR BUILT
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 (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, 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 $8,000/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. 1090 Houghton Rd & 350 Fleming Rd — must be sold together.
COMMUNITY | |
PROPERTY TYPE | |
BUILDING TYPE | |
STYLE | Multi/Split |
YEAR BUILT | 1963 |
SQUARE FOOTAGE | 1,878 |
BEDROOMS | 4 |
BATHROOMS | 2.00 |
BASEMENT | Finished, Full, Separate Entrance, Walk-Out Access |
AMENITIES | |
APPLIANCES | |
COOLING | Central Air |
FIREPLACE | N/A |
FLOORING | |
HEATING | |
LAUNDRY | |
LOT FEATURES | |
PARKING | |
RESTRICTIONS | |
ROOF | Unknown |
TITLE | |
BROKER | eXp Realty (Kelowna) |
ROOMS | DIMENSIONS (m) | LEVEL |
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