1007 Lanfranco Road

1,032 ft²

For more information click the brochure button below. 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. Listing contains rendering photos as examples. Do not miss out! (id:45055)

• Property Details

  MLS® Number	10373925
  Property Type	Other
  Neigbourhood	Lower Mission
  ParkingSpaceTotal	10

• Building

  ConstructedDate	1972
  CoolingType	Central Air Conditioning
  HeatingType	See Remarks
  SizeInterior	1,032 Ft2
  Type	Residential Commercial Mix
  UtilityWater	Government Managed

  Additional Parking

• Land

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

• Rooms
• Utilities

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