$1,050,000

ID# 10326337

585 Sherwood Road
Kelowna, British Columbia V1W1E6

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. (id:3942)

Courtesy of Sotheby's International Realty Canada

Listed on: October 16, 2024

On market: 36 days

Bathroom Total	2
Bedrooms Total	4
Half Bathrooms Total	0
Year Built	1976
Heating Type	Forced air, See remarks
Stories Total	1

Bedroom	Main level	10' x 10'
Bedroom	Main level	10' x 6'
3pc Bathroom	Main level	5' x 5'
Bedroom	Main level	10' x 10'
Family room	Main level	12' x 10'
Dining room	Main level	8'5'' x 11'6''
Full bathroom	Main level	5' x 7'
Primary Bedroom	Main level	11'5'' x 11'5''
Kitchen	Main level	10' x 11'5''
Living room	Main level	11'5'' x 15'5''
Kitchen	Secondary Dwelling Unit	10' x 10'

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585 Sherwood Road Kelowna, British Columbia V1W1E6

585 Sherwood Road
Kelowna, British Columbia V1W1E6