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150 Mills Road, Kelowna

Property Description

Outstanding opportunity on a 0.21-acre MF1-zoned lot with solid development and holding potential! Neighboring property also available for the perfect LAND ASSEMBLY. This level, rectangular lot provides excellent access and design flexibility for a duplex, four-plex, or small multi-family infill. The existing 3-bed, 1.5-bath home has been consistently tenant occupied and has plenty of life left with some TLC—perfect as a rental hold, or a modest residence while you plan your future build. MF1 zoning supports gentle density, making this property ideal for investors, builders, or those looking to secure land in a growing area. Home is connected to Rutland water, city sewer, and natural gas, with ample fenced yard space and off-street parking. Located close to Hwy 33, schools, shopping, parks, and downtown, this property combines lifestyle convenience with long-term upside. Live in, rent out, or redevelop... opportunities like this are rare in today’s market. A smart buy with tremendous potential and room to grow! (id:43014)

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Full Address:
150 Mills Road, Kelowna, British Columbia
Price:
$ 848,900
MLS Number:
10365668
List Date:
October 20th, 2025
Neighbourhood:
Rutland North
Lot Size:
0.21 ac
Year Built:
1961
Taxes:
$ 3,200

Property Details

Bedrooms:
3
Bathrooms:
2
Heating:
Forced air, See remarks

Interior Features

Architectural Style:
Ranch
Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco, Wood siding
Garage:
Other, Additional Parking
Ownership Type:
Freehold
Taxes:
$ 3,200

Building Features

Finished Area:
996 sq.ft.

Floors

View:
Mountain view, Valley view, View (panoramic)
Lot Size:
0.21 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Adam SchmidtOffice: Coldwell Banker Horizon Realty

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Outstanding opportunity on a 0.21-acre MF1-zoned lot with solid development and holding potential! Neighboring property also available for the perfect LAND ASSEMBLY. This level, rectangular lot provides excellent access and design flexibility for a duplex, four-plex, or small multi-family infill. The existing 3-bed, 1.5-bath home has been consistently tenant occupied and has plenty of life […]
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150 Mills Road, Kelowna

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