880 Badke Road, Kelowna

2025-04-17
 

Quick Summary

Location
880 Badke Road, Kelowna, British Columbia V1X5Z6
Price
$13,250,000 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
1979
Brochure Link:

MLS®#10343895

Property Description

An exceptional opportunity to acquire a fully stratified, 26-unit townhouse development on a 1.75-acre parcel in the heart of Kelowna’s rapidly evolving Rutland Urban Centre. Ideally positioned directly across from Ben Lee Park and bordering the Houghton Road Recreation Corridor, this property offers both lifestyle appeal and strategic long-term value. Located within the City’s designated redevelopment zone, the site is zoned UC4, allowing for up to 6 storeys with a density bonus—making it a prime candidate for future multifamily redevelopment. Most of the units are owner-occupied, with estimated market rents of approximately $2,500 per month, equating to a potential gross annual income of $780,000. Just 8 minutes to UBCO and Kelowna International Airport, 15 minutes to Okanagan Lake, and 40 minutes to Big White, this location offers strong projected holding income and exceptional redevelopment potential in one of Kelowna’s most active and connected growth corridors. (id:32467)

Property Features

Building

  • Cooling Type: Wall unit
  • Exterior Finish: Cedar Siding
  • Fireplace: No
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 1.75 ac|1 - 5 acres
  • Sewer: Municipal sewage system

Maintenance Fee

  • Maintenance Fee: 0.00

Ownership

  • Type: Strata

Storage Type

  • Storage Type: Storage, Locker

Information entered by Royal LePage Kelowna
Listing information last updated on: 2025-11-12 20:04:21


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Areas serviced in the Central Okanagan include all sub divisions of: Kelowna, Westbank, West Kelowna, Peachland

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