840 Lanfranco Road Unit# 1 - 12, Kelowna

2026-10-29

840 Lanfranco Road Unit# 1 - 12, Kelowna, British Columbia

For Sale Other
$6,499,000

MLS®#10404607

**PRIME INVESTMENT OPPORTUNITY | ** Exceptional 0.75-acre (32,670 sq. ft.) UC5-zoned property in the desirable Lower Mission neighbourhood, featuring **12 separately titled townhomes** across three well-maintained buildings. Each unit offers 2 bedrooms, 1.5 bathrooms, a kitchen, living room, and in-suite laundry. Currently generating **strong monthly rental income**, this property provides excellent holding income with significant redevelopment potential. UC5 zoning may allow MIXED- USE residential or HOTEL development of up to 6 storeys, with a potential **2.05 FAR and approximately 66,900 sq. ft. of buildable floor area**, subject to municipal approvals and applicable regulations. The property offers ample parking and a prime location within walking distance of Okanagan College and minutes from Gyro Beach, H2O, shopping, restaurants, and other amenities. **An outstanding opportunity for investors and developers seeking immediate income and long-term redevelopment potential!** (id:32467)

Building Other
Rooms
Bedrooms
Bathrooms 0
Square Footage 0 ft²
Built in
Parking Type
Neighbourhood Kelowna

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

Slide to select your home's price

$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

Send a Message

One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q.
What do you charge?

Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

Q.
Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal
Glen
Glen MacKenzie

REALTOR®. Member of The Canadian Real Estate Association & more

onepercentglen@shaw.ca

(250) 870-4536

Support Area:
Areas serviced in the Central Okanagan include all sub divisions of: Kelowna,Westbank,West Kelowna,Peachland
ONE PERCENT REALTY LIMITED … THE FULL STORY FINALLY ... AN ALTERNATIVE! If you've ever sold a home before, you know what the traditional or typical sales commission costs are. Do you remember how you felt when you saw what you paid to the real estate company? Do you remember what you...
Full Profile