Property Description
An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:6770)
Overview
Price
$
720,000
MLS #
10356843
Age
1925
Size
2282 sqft
Lot Size
0.17
acres
Bedrooms
4
Bathrooms
2
Exterior
Stucco, Vinyl siding
Appliances
Refrigerator, Dryer, Oven - gas, Washer
Water
Municipal water
Sewer
Municipal sewage system
Flooring
Carpeted, Concrete, Laminate, Linoleum, Tile
Property Type
Single Family
Roof
Unknown
Stories
3
Listing Office
Royal LePage Kelowna
Main level
Storage
10'7'' x 9'2''
Other
10'7'' x 9'8''
Office
17'9'' x 6'5''
2pc Bathroom
8'1'' x 6'1''
Dining room
14'3'' x 12'1''
Primary Bedroom
10'7'' x 10'3''
Living room
20'0'' x 12'3''
Kitchen
14'4'' x 13'1''
Second level
3pc Bathroom
12'3'' x 5'10''
Bedroom
14'1'' x 12'6''
Bedroom
14'5'' x 13'9''
Bedroom
12'4'' x 9'7''
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