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675 Moraine Court, Kelowna, British Columbia, V1X 5X2

MLS® # 10318219
Vacant Land For Sale In Rutland, Kelowna, British Columbia
$1,600,000
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
675 Moraine Court, Kelowna, BC
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675 Moraine Court, Kelowna, British Columbia, V1X 5X2
$1,600,000

Property Information:

Located on a quiet street in the desirable Spring Valley neighbourhood, this sizeable 0.47 acre lot is the perfect site for your future townhouse development. The city supports rezoning this parcel to MF2 to accommodate up to 20,400sq ft GFA (Base FAR: 1.0). At two stories in height, this property can comfortably accommodate 14x 1,300sq ft townhouses, but greater density could be achieved if building up a 3rd story (up to FAR: 1.3 possible w/ Public Amenity or Rental Bonus). The existing house and sizeable workshop will provide solid rental income while you are perfecting your development plans, and proximity to shopping, restaurants, schools, parks, Mission Park Greenway, Orchard Park Mall, Costco, public transit, and much more will aide your future development in being a big success! The Property Transfer Tax Exemption on new construction means that a buyer can purchase a $650k townhouse with less than $45k down if they included the GST in their mortgage, and the upcoming change allowing high-ratio mortgages to amortize new construction over 30 years could result in said buyer’s mortgage payment being less than $3k/mo (assuming 3.5% interest rate at time of project completion). Sample floor plans have been provided to demonstrate what is possible, but the size and shape of this lot affords considerable flexibility to realize your own development vision. (id:27)

Building Features:

  • Building Type: Other

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Access Type: Easy access
  • Amenities Nearby: Public Transit, Park, Schools, Shopping
  • Community Features: Family Oriented
  • Current Use: Development residential
  • Features: Cul-de-sac, Level lot
  • Landscape Features: Landscaped
  • Road Type: Paved road, Cul de sac
  • Utility Type: Telephone - At Lot Line, Sewer - Available, Hydro - At Lot Line, Natural Gas - At Lot Line, Cable - At Lot Line, Water - At Lot Line
  • Zoning Type: Multi-Family
  • Sewer: Municipal sewage system

REALTOR.ca  

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Location of 675 Moraine Court, Kelowna, British Columbia, V1X 5X2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

49/100

Moderate

ClimateCheck®

Current data

This property, 675 Moraine Court , experiences 7 hot days per year at around 33.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 36.9 degrees Celsius.

Projected Avg. Temperature

Past
33.1℃
2050
36.9℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

12 storms expected in 2050

20/100

Moderate-Low

ClimateCheck®

Current data

This property, 675 Moraine Court , experiences 11 significant 2-day storms per year, with about 144.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 12 significant 2-day storms with 157.9mm of precipitation per year.

Precipitation Per Storm

Past
144.1mm
2050
157.9mm

48-Hour Storms Per Year

Past
11
2050
12

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 675 Moraine Court, Kelowna, British Columbia, V1X 5X2

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,181.00

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.36 %

High school certificate or equivalent

36.07 %

Apprenticeship trade certificate/diploma

13.44 %

College/non-university certificate

20.24 %

University certificate (below bachelor)

1.22 %

University Degree

9.67 %

Commuter

Travel To Work

By Car

88.09 %

By Public Transit

3.75 %

By Walking

2.2 %

By Bicycle

0.0 %

By Other Methods

5.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.35 %

Houses

87.65 %

Own Vs. Rent

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