1007 Lanfranco Road

1,956 ft²

3
Beds

2
Baths

For more information, please click Brochure button. A rare find in one of Kelowna’s most desirable neighbourhoods—1007 Lanfranco Road offers both immediate potential rental income and a development opportunity. Situated on a large .34-acre lot, this well-maintained home is tenanted and producing an income stream. The property is zoned MF2 with an approved development permit in place for an 8-unit townhome project featuring rooftop patios, private elevators, and double garages. There is also potential to rezone under MF1 and subdivide into three lots. Whether you’re looking for a build site or a strong holding property; this one checks all the boxes. The existing home offers solid rental income (tenant fixed term lease until June 30/26) while final permitting is completed. Located in the heart of Lower Mission near top-rated schools, shopping, parks, and Okanagan Lake, this property combines location, lifestyle, and future value. Don’t miss this unique opportunity. All measurements are approximate. Listing contains rendering photos as examples. Do not miss out! (id:45055)

• Property Details

  MLS® Number	10373131
  Property Type	Single Family
  Neigbourhood	Lower Mission
  Features	Balcony
  ParkingSpaceTotal	10

• Building

  BathroomTotal	2
  BedroomsTotal	3
  Appliances	Range, Refrigerator, Hood Fan, Washer & Dryer
  BasementType	Full
  ConstructedDate	1972
  ConstructionStyleAttachment	Detached
  CoolingType	Central Air Conditioning
  ExteriorFinish	Brick, Stucco
  FireplaceFuel	Wood
  FireplacePresent	Yes
  FireplaceTotal	2
  FireplaceType	Conventional
  FlooringType	Mixed Flooring
  HeatingType	See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  StoriesTotal	1
  SizeInterior	1,956 Ft2
  Type	House
  UtilityWater	Government Managed

  Additional Parking

• Land

  Acreage	No
  FenceType	Fence
  Sewer	Municipal Sewage System
  SizeIrregular	0.34
  SizeTotal	0.34 Ac|under 1 Acre
  SizeTotalText	0.34 Ac|under 1 Acre

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Bedroom			13'6'' x 11'0''
  Basement	Foyer			11'0'' x 10'0''
  Basement	Laundry Room			11'0'' x 8'0''
  Basement	Games Room			13'6'' x 12'0''
  Basement	3pc Bathroom			7'0'' x 6'6''
  Basement	Family Room			17'0'' x 12'0''
  Main Level	4pc Bathroom			8'0'' x 5'0''
  Main Level	Primary Bedroom			13'9'' x 10'0''
  Main Level	Dining Room			11'6'' x 9'4''
  Main Level	Bedroom			13'0'' x 9'9''
  Main Level	Kitchen			12'0'' x 9'6''
  Main Level	Living Room			19'0'' x 13'8''

• Utilities

  Cable	Available
  Electricity	Available
  Natural Gas	Available
  Telephone	Available
  Sewer	Available
  Water	Available