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:2493)
Data was last updated February 13, 2026 at 10:15 AM (UTC)
Area Statistics
Listings on market:
202
Avg list price:
$407,500
Min list price:
$86,000
Max list price:
$17,880,000
Avg days on market:
37
Min days on market:
1
Max days on market:
694
Avg price per sq.ft.:
$452.59
These statistics are generated based on the current listing's property type
and located in
Lower Mission. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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