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. (id:32467)

Building

• Architectural Style: Split level entry
• Basement Type: Full
• Construction Style: Detached
• Cooling Type: Central air conditioning
• Exterior Finish: Wood siding
• Fireplace: No
• Interior Size: 1878 sqft
• Building Type: House
• Stories: 2
• Utility Water: Municipal water

Features

• Feature: Balcony

Land

• Land Size: 0.28 ac|under 1 acre
• Sewer: Municipal sewage system

Ownership

• Type: Freehold

Information entered by eXp Realty (Kelowna)
Listing information last updated on: 2025-11-12 19:36:40