1115 Cactus Road, Kelowna, BC, V1X 5N3 - commercial for sale | Listing ID 10327564

1115 Cactus Road, Kelowna, British Columbia, V1X 5N3

MLS® # 10327564

Commercial For Sale In Rutland, Kelowna, British Columbia

$1,388,000

3 Beds

2 Baths

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1115 Cactus Road, Kelowna, British Columbia, V1X 5N3

$1,388,000

3 Beds

2 Baths

Property Information:

This incredible property offers a rare development opportunity, having recently been rezoned from MF1 to MF2, making it ideal for constructing 3-storey townhomes. The seller has multiple site analysis plans and renderings available, showcasing conceptual options for a 7, 8, or even 10-townhome development, with each unit designed at approximately 2,000 square feet. Tucked away from throughway traffic, the property enjoys the tranquility of a peaceful neighborhood while offering convenient walking access to Springfield Road. Whether you're a developer seeking your next project or an investor looking for a property with significant upside, this location strikes the perfect balance between privacy and accessibility. This is an unparalleled opportunity to develop a centrally located site with multiple options to fit your investment strategy. Don't miss out on the chance to create something truly remarkable in this growing area! (id:27)

Building Features:

Style: Mixed
Building Type: Residential Commercial Mix
Heating Type: Forced air

Property Features:

OwnershipType: Freehold
Property Type: Other
Bedrooms: 3
Bathrooms: 2
Built in: 1968
Current Use: Mixed use
Utility Type: Hydro - Available
Zoning Type: Unknown
Sewer: Municipal sewage system
Parking Type: Attached garage
No. of Parking Spaces: 1

Courtesy of: Engel & Volkers Okanagan

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Market Price Trends

Location of 1115 Cactus Road, Kelowna, British Columbia, V1X 5N3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 1115 Cactus Road , experiences 7 hot days per year at around 32.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.1 degrees Celsius.

Projected Avg. Temperature

Past

32.3℃

2050

36.1℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 1115 Cactus Road , experiences 11 significant 2-day storms per year, with about 156mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 171.9mm of precipitation per year.

Precipitation Per Storm

Past

156mm

2050

171.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1115 Cactus Road, Kelowna, British Columbia, V1X 5N3

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$107,033.34

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.61 %

High school certificate or equivalent

35.87 %

Apprenticeship trade certificate/diploma

11.23 %

College/non-university certificate

20.05 %

University certificate (below bachelor)

0.38 %

University Degree

15.86 %

Commuter

Travel To Work

By Car

90.08 %

By Public Transit

3.9 %

By Walking

2.12 %

By Bicycle

1.43 %

By Other Methods

2.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.89 %

Houses

87.11 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 1115 Cactus Road, Kelowna, British Columbia, V1X 5N3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 1115 Cactus Road, Kelowna, British Columbia, V1X 5N3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

1115 Cactus Road, Kelowna, British Columbia, V1X 5N3

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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