$1,699,900

House For Sale In Kelowna, British Columbia

$1,699,900
  • 1

    Bedroom

  • 1

    Bath

  • 0.36 Acres

    Lot Size

Property Information:

Presenting a rare investment opportunity in the heart of Kelowna. This expansive 16,000+ square foot lot is perfectly poised for future condo development. Located next to a site already approved for 107 rental condo units, this parcel offers immense potential for developers looking to capitalize on Kelowna's growing demand for residential space. Currently zoned MF1, this property has the potential to be rezoned to MF3 or MF3r, similar to the neighboring development, allowing for a significant increase in development density. Large parcels like this are rare to come by, offering the advantage of purchasing a single lot to develop on versus complex land assemblies. Prospective buyers are advised to conduct their own due diligence and confirm details with the City of Kelowna.

Exclusions : personal belongings and debris.

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Annual Tax Amount: $5,640
  • Built in: 1963
  • Cooling: Central Air
  • Floor Space (approx): 2642 Square Feet
  • Heating: Forced Air
  • Lot Size: 0.36 Acres
  • Parking Features: None
  • Water Source: Public
  • Sewer: Public Sewer

Rooms:

  • Bathroom Main Level 1.52 m x 2.44 m
  • Primary Bedroom Main Level 3.66 m x 3.96 m
  • Kitchen Main Level 3.66 m x 3.96 m
  • Living Main Level 9.14 m x 4.11 m

Courtesy of: Royal LePage Kelowna

This listing content provided by Association of Interior REALTORS.