Prime Development Opportunity in Lower Mission
8 Luxury Townhomes | Approved & Ready to Build
Welcome to 1007 Lanfranco—A rare opportunity to develop in Lower Mission, Kelowna! This proposed 8-unit townhouse project is designed for modern, high-end living with rooftop patios, double garages, and elevators—all in one of the city's most desirable neighborhoods.
Why This Development Stands Out
✔ Prime Location – Close to Okanagan Lake, top-rated schools, parks, and shopping
✔ Development Potential – MF2 zoning with a proposed Development Permit in place
✔ Flexible Options – Potential to subdivide into three lots under MF1 zoning (details available)
✔ Luxury Design – Contemporary homes planned to meet market demand
✔ Interim Rental Income – Existing house on the lot provides a great rental opportunity while planning your development
✔ Streamlined Process – Rezoning and preliminary approvals have been completed by Elevar Properties
Exclusive Financing Opportunity
Seller will offer a Vendor Take-Back Mortgage (VTB) based on the agreed purchase price and terms—making this an even more attractive investment.
A Smart Investment in a Growing Community
With strong demand for modern townhomes, this proposed project presents an incredible opportunity to develop in one of Kelowna’s fastest-growing areas.
Contact us today for more details!