400 Milton Rd - Residential LAND FOR SALE


Kelowna, BC V1X 2V4 9,148 SF
$1,440,000 CAD
400 Milton Rd, Kelowna, BC for Sale
$1,440,000 CAD
Residential LAND - FOR SALE
1/2
9,148 SF

400 Milton Rd
Kelowna, BC V1X 2V4


HIGHLIGHTS

  • Two adjacent corner lots totaling approximately 18,294 square feet positioned in Rutland.
  • Conceptual development for up to 13 townhomes, subject to city approval.
  • Located next to an elementary school, within walking distance to parks and shopping.
  • City of Kelowna has indicated support for MF2 rezoning (buyer to verify).
  • Accessible location with proximity to key employment nodes and transit connections.

OVERVIEW

An exceptional development opportunity in the heart of Rutland! 400 & 410 Milton Road offer two side-by-side corner lots totalling approximately 18,294 SF, ideally positioned adjacent to an elementary school. This development opportunity has strong potential for a multi-family project, with a conceptual layout supporting up to 13 townhomes. Located in a highly desirable and walkable neighbourhood, the properties are within close proximity to schools, parks, shopping, and key employment hubs making it an attractive location for future residents. The current zoning allows for up to 6 unit multiplex per lot and The City of Kelowna has indicated support for MF2 rezoning, all details and development potential are to be verified by the buyer through their own due diligence. Currently both properties are rented at market rents. A prime opportunity for builders and investors to secure a well located site with excellent redevelopment potential in a growing community. Renderings are conceptual and for illustrative purposes only.

FOR SALE DETAILS

PRICE

$1,440,000 CAD

PRICE/ACRE

$6,857,600/AC

PRICE/SF

$157 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.21 AC

LAND SF

9,147 SF

OFFSITE IMPROVEMENTS

-

ZONING

MF1

APN/PARCEL ID

008386684

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Sasha FalloneXp RealtyMore Info

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