585 Sherwood Road | $1,050,000
Colin Fraser Agent Photo
Colin
Fraser
C. (250) 592-1065
P. (833) 817-6506
Phone Colin colinfraser.exprealty.com
EXP REALTY (KELOWNA)
1631 Dickson Ave, Suite 1100
Kelowna, BC
Canada V1Y 0B5

Details

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Years (35 year max)
Years



Address 585 Sherwood Road
AreaCentral Okanagan
Sub AreaLM - Lower Mission
State/ProvinceBritish Columbia
CountryCanada
Price$1,050,000
Property TypeSingle Family - Detached
Bedrooms4
Bathrooms2
Half Baths0
Floor Space1426 Square Feet
Lot Size0.34 Acres
WaterfrontNo
Year Built1976
Taxes $4,086
Tax Year2023
MLS® #10326337

Great opportunity to acquire a centrally located residence in the desirable lower mission area of Kelowna! This four bedroom 1400+ sq.ft. home, with a layout all on one level as a rancher, would be perfect for a family or even somebody looking at downsizing in an area with great distance to all amenities. The home has some great renovations, including the kitchen, bathrooms, etc. Even better, there is a detached studio unit with a kitchenette and 3-pce bathroom which makes for a great mortgage helper, spot for guests, etc. With walking distances to schools, the water, and commercial amenities, this is why everyone wants to live in the Lower Mission. The cherry on top is the long term value potential: 0.34 acre lot (14,810.40 sq.ft.), with approximately 86' of frontage, 109' of depth (at its shortest, 130' at longest). With new provincial rules coming into effect, this is a great opportunity to get a four/six unit (check regulations) development site in the Lower Mission. Neighbors are willing to sell to create a corner lot onto Lakeshore Road w/ a total land size of 0.918 acres across 3 titles, making this a prominent development site with existing road upgrades already in place on Lakeshore Road and a proven townhome development across the street on Sherwood. Either spend more money to get a small laneway home on 0.17 acres, or take advantage of getting 2x the land with this property in an arguably better location of the Lower Mission.


Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA


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About

About Colin Fraser

As a Licensed Real Estate Professional, Colin has enjoyed many successes along side his clients.  His goal is simple, 'I want to help Buyers and Sellers navigate the real estate market by providing sound practical advice.  I also strive to match my clients with the right properties, while providing exceptional service and professionalism.'  With extensive experience in sales and exceptional customer service, Colin is fully committed to providing his clients with the best experience in all aspects of real estate.  

Colin also has a great deal of experience with respect to building and renovating.  If you have any questions about residential renovations or construction, he is always happy to share his knowledge and provide sound advice.  

Contact Colin today for a free market evaluation or request viewings of any listings that interest you.  Don't hesitate to email or call with any questions:  colin.fraser@exprealty.com  250-592-1065