1240 KLO Road

1240 KLO Road · Kelowna · House · 5 bed · 3 bath · $2,600,000 · MLS 10386481

Kelowna, British Columbia
C$2,600,000
For sale
1240 KLO Road

1240 KLO Road is located in Kelowna. Property snapshot: House, 5 bed, 3 bath, listed at $2,600,000, MLS 10386481. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list pri

List Price: $2,600,000
MLS: 10386481
Bedrooms: 5
Bathrooms: 3
Interior Size: 1,778 sqft
Days on Market: -
Days on Site: 70
Deal Score: 50/100
Price History: Latest recorded list price 2600000.00

Local Decision Guide

How should buyers evaluate 1240 KLO Road?

Start by reading this listing in its Kelowna context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1240 KLO Road?

This page shows a list price of $2,600,000 with MLS 10386481.

What type of home is this Kelowna listing?

The page shows House, 5 bed, 3 bath at 1240 KLO Road. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 2600000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

MF3 DEVELOPMENT OPPORTUNITY IN TRANSIT CORRIDOR – (KLO AREA) Excellent opportunity to acquire a multi-family, multi-story development site in Kelowna’s rapidly evolving KLO Rd corridor. This property has already achieved MF3 zoning, allowing for near-term development potential in a high-demand rental and residential market. Situated within a designated transit supportive corridor, the site benefits from progressive planning policies supporting increased density and more flexible parking requirements (buyer to verify with City of Kelowna). FAR of 2.05 for residential development - and utilizing the rental bonus, an FAR of up to 2.35 is achievable. In conjunction with the neighboring MF3-zoned lot, and the addition of an adjacent third property on Holland road, (that the City will support rezoning to MF3) there is a significant increase in the overall development area to 0.98 acres. The assembly is located in an area experiencing strong redevelopment momentum, with excellent proximity to transit, amenities, schools and major transportation routes. The existing homes also provide holding income while development plans are advanced. This property can only be purchased in conjunction with both 3080 Holland Road, and 3090 Holland Road, as a land assembly. (id:56153)

Property Details

House
Building Type
5
Bedrooms
3
Bathrooms
1968
Year Built
58 years
Age
70
Days on Site
13,504 sf
Lot Area
1,778 sqft
Interior Size
C$1,462
Price per Sqft

Transaction: For sale

Lot Frontage: 134 ft

Status: active

Listing ID: 29732834 (10386481)

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Site Context

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Property Summary

Price: C$2,600,000

Lot Area: 13,504 sf

Lot Frontage: 134 ft

PID: 009-538-186

Days on Site: 70 days

Added to Relistico: 2026-05-11

Updated on: 2026-05-14 01:03 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

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Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 14 May 2026 11:59:39 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: Royal LePage Kelowna

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