$ 3,500,000

215 Arab Road, Kelowna

CITY SUPPORTS I2 ZONING!!! INVESTOR ALERT. THE 2026 TAX ASSESSED VALUE IS $3,344,000. THE SELLER IS OPEN TO ALL REASONABLE OFFERS & MAY LOOK AT A PARTNERSHIP TO BUILD INDUSTRIAL WAREHOUSE FACILITIES ON THE PROPERTY. THIS IS A GREAT HOLDING AND/OR DEVELOPMENT PROPERTY WITH POTENTIAL TO REZONE FROM A2 TO I2. This is a rare package of 1.85 Acres, close to the University, with a large house/building with 8 bedrooms, 6 bathrooms, a 5-car garage, and all under one roof. An excellent revenue property, or great for an extended family, or both. This property is NOT in the ALR (buyer to confirm) and rezoning from A2 to I2 (OCP 2040 Future Land Use is Industrial) is possible making this a great holding and/or development property. Don't miss out! (id:1945)
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Property details for 215 Arab Road, Kelowna

Type
Residential
Bedrooms
8
Bathrooms
6
Living Area
5,865 square feet
Lot Size
1.85
Stories
2
Parking
Attached Garage, Additional Parking
Heating
Electric, See remarks, Hot Water
Ownership
Freehold
Annual Taxes
$16,490

Nearby Listings Stat

Estimated price and comparable properties near 215 Arab Road

Active Listings
1
Min Price
$3,500,000
Max Price
$3,500,000
Avg Price
$3,500,000
Days on Market
187
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Kelowna, British Columbia / Colombie-Britannique

Population
2,693
Median Age
43.1
Median Income
$37,824
Dwelling Value
$557,743

Housing Tenure

Owners 70%
Renters 30%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 140.4/km²
Avg Shelter Cost: $1,550/mo
Owners with Mortgage: 63.5%
Owners Spending 30%+: 22.4%
Tenants Spending 30%+: 43.2%
English only: 93.3%
English and French: 5.9%
Neither: 0.7%
Median Household Income: $82,208
Median Employment Income: $27,878

Price History

Listed
April 8, 2026
by RE/MAX Kelowna
Current Price
$3,500,000
Type
Residential
For Sale
215 Arab Road

Contact Agent Get in touch about 215 Arab Road, Kelowna

Tim Stanfield
Tim Stanfield
RE/MAX Kelowna