Fantastic Development Opportunity in South Kelowna! A highly sought-after location, this newly MF4-zoned property offers incredible potential for investors and developers alike with the unique flexibility this zoning affords. Just steps from Okanagan Lake beaches, Kelowna General Hospital, and the vibrant South Pandosy district, this 48' X 118' lot is primed for future growth. The unique MF4 zoning offers immense flexibility, allowing for anything from a single-family home to a 6-storey apartment building with a FAR ratio of 2.5. With minimal onsite parking requirements, this is an excellent opportunity to maximize space and value in a bustling urban area. The current home on the property is a freshly painted, rentable 4-bedroom, 2-bathroom residence—perfect for securing income while planning your development. The home has a separate basement entrance and could easily be suited. Don't miss out on this rare chance to develop in one of Kelowna’s most desirable locations! (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
2,016 sq. ft.187 m2
Zoning:
Unknown
Taxes:
$3,320 /
-
Community:
Kelowna South
Exterior Features:
Stucco, Wood siding
Community Features:
Family Oriented
Security Features:
Smoke Detector Only
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Range - Electric, Dryer, See remarks
Data was last updated November 25, 2024 at 02:15 PM (UTC)
Area Statistics
Listings on market:
187
Avg list price:
$345,000
Min list price:
$239,000
Max list price:
$5,999,000
Avg days on market:
88
Min days on market:
2
Max days on market:
530
Avg price per sq.ft.:
$323.94
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.