5155 Chute Lake Rd - Specialty FOR SALE


Kelowna, BC V1W 4R9
$2,150,000 CAD
778-552-0018
5155 Chute Lake Rd, Kelowna, BC for Sale
$2,150,000 CAD
Specialty - FOR SALE
1/5
null | Request Cap Rate

5155 Chute Lake Rd
Kelowna, BC V1W 4R9


HIGHLIGHTS

  • Legal non-conforming 11-unit mobile home park generating rental income.
  • Approximate two-acre parcel with panoramic views over Okanagan Lake.
  • Located in Kelowna’s highly desirable Upper Mission neighborhood.
  • Court-ordered sale provides flexibility for investors and developers.
  • Future development potential subject to city planning and rezoning.
  • Freehold land tenure allows for long-term asset control and growth strategy.

OVERVIEW

eize a unique investment opportunity in Kelowna’s prestigious Upper Mission neighborhood. This legal non-conforming mobile home park rests on approximately two acres of freehold land, offering panoramic lake views and a tranquil setting within the scenic Kettle Valley area. The property includes 11 income-generating mobile home pads, all currently occupied, providing stable cash flow while offering significant redevelopment potential. With the existing legal status, this property operates under recognized zoning, allowing prospective buyers to benefit from operating income during the planning stage of any future redevelopment. The court-ordered sale provides an entry point into one of Kelowna’s most sought-after residential growth nodes, where proximity to lakeside amenities, excellent schools, and ongoing upscale development define enduring value. Located minutes from the core of Kelowna, the property enjoys convenient access to South Pandosy Village amenities, local vineyards, and Okanagan Lake recreational offerings. With a history of strong growth in the Upper Mission area, this site presents a rare combination of present-day income and future upside potential under a freehold tenure structure.

FOR SALE DETAILS

PRICE

$2,150,000 CAD

PRICE/SF

$145 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mobile Home Park

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

MH1

APN/PARCEL ID

008-238-723

ASK ABOUT THIS PROPERTY

Navi MandairHomelife Advantage Realty LtdMore Info
778-552-0018

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Navi MandairHomelife Advantage Realty LtdMore Info
778-552-0018

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.