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1007 Lanfranco Road, Kelowna
2026-01-17
Quick Summary
MLS®#10373131
Property Description
For more information, please click Brochure button. A rare find in one of Kelowna’s most desirable neighbourhoods—situated on a large .34 acre corner lot, 1007 Lanfranco Road offers both immediate rental income (fixed term tenancy until June 30/26) and a development opportunity. 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 to 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. Located in the heart of Lower Mission near top-rated schools, shopping, parks, and Okanagan Lake, this property combines location, lifestyle, and future value. Seller is open to assignments, any profit to be retained by the Buyer. All measurements are approximate. Listing contains rendering photos as examples. (id:32467)
Property Features
Building
- Appliances: Range, Refrigerator, Hood Fan, Washer & Dryer
- Basement Type: Full
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Stucco
- Fireplace: Yes
- Flooring Type: Mixed Flooring
- Interior Size: 1956 sqft
- Building Type: House
- Stories: 1
- Utility Water: Government Managed
Features
- Feature: Balcony
Land
- Land Size: 0.34 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Easy List Realty
Listing information last updated on: 2026-02-03 01:29:17
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
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