1254 Sutherland Avenue, Kelowna | $1,450,000

2-home land assembly ready for redevelopment in the evolving Capri neighborhood. This property, combined with the neighboring 1244 Sutherland Ave, offers 148 feet of frontage along the transit corridor of Sutherland Ave and 122 feet depth, totaling 0.42 acres of UC2 zoned properties. This area is transitioning from single-family to multi-family residences, supporting multi-family construction up to 6 storeys. The location is unmatched compared to other development sites, situated on the transit corridor just steps away from the Capri Shopping Centre. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density due to provincial/City bylaw changes. Capitalize on this opportunity within the Capri-Landmark Community Plan.

Description

2-home land assembly ready for redevelopment in the evolving Capri neighborhood. This property, combined with the neighboring 1244 Sutherland Ave, offers 148 feet of frontage along the transit corridor of Sutherland Ave and 122 feet depth, totaling 0.42 acres of UC2 zoned properties. This area is transitioning from single-family to multi-family residences, supporting multi-family construction up to 6 storeys. The location is unmatched compared to other development sites, situated on the transit corridor just steps away from the Capri Shopping Centre. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density due to provincial/City bylaw changes. Capitalize on this opportunity within the Capri-Landmark Community Plan.

General Info


MLS Listing ID: 10277067 Bedrooms: 1 Bathrooms: 0 Year Built: 1960
Parking: N/A Heating: N/A Lotsize: 0.21 ac|under 1 acre Air Conditioning : N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .