0.41 acre (17,860 SF) MF2 zoned development site in the Rutland core area. Well located in a family-friendly neighborhood at the end of a cul-de-sac near Springfield Rd and Rutland Rd South. The property is within walking distance to 3 schools and Mission Creek Regional Park, and close to all major amenities. DP Application previously submitted to the City of Kelowna for 9 residential 3-storey townhome units between 2 buildings. Project conceptualized and designed by an experienced land development consultant with over a decade of experience managing and planning developments, including townhouse sites. All 9 units offer 3 bedrooms, backyard patios, and double garages (7 units have side-by-side garages, 2 units have tandem garages). Design is well suited for a bare land strata and party-wall agreement (no strata fees for end users). No special Development Permits affect this site. Due diligence documents available upon a signed NDA include a Phase 1 ESA, Geotech Report, Site Survey, Architectural Plans, Landscape Plans and City of Kelowna Pre-Application Meeting Minutes. Holding income provided from the existing duplex on site (3 units). Option to acquire the holding company, which can eliminate the Property Transfer Tax.