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$ 1,885,000
Est. payment | /mo
0.38 Acres Lot
$ 1,885,000
Est. payment | /mo
0.38 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Kelowna South
MLS® Listing ID 10358051
Year Built 1991
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Freehold
Source Association of Interior REALTORS®
Property Description
Land Assembly in Downwtown Kelowna! Prime Development Opportunity – Central Location! Close to urban transit corridor, on sewer, and in quiet setting hidden within the urban bustle! This prime holding property is a rare two-lot land assembly offering incredible potential in a sought-after central location. With approximately 125 feet of frontage on Laurier Avenue and a total of 16,590 sq ft (0.38 acres) across two titles, this site presents an excellent opportunity for future development. Currently zoned MF1, the land aligns with the 2040 Official Community Plan, designating it as Core Neighbourhood (C-NHD Urban Core) – a future land use supporting medium-density apartment housing. The properties include a 1944-built single-family 6 bedroom home and a 1991-built full 6 bedroom duplex, both with long-term tenants in place, generating holding income while planning your project. Buyers are advised to perform their own due diligence to confirm zoning and development potential. Note: Property taxes, lot size, and finished floor area reflect the combined totals of both parcels. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,
Flooring Carpeted, Linoleum, Tile
Exterior
Parking Features No
View Y/N No
Roof Type Unknown
Total Parking Spaces 10
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Royal LePage Kelowna
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4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada