1599 K.L.O. Road Lot# 4, Kelowna | $1,973,300

This is the CORNER LOT comprising a fantastic development opportunity, either for a developer with the land assembly, or for an investor to hold onto, since it's so close to Okanagan College and only a five minute drive to the Pandosy Village shopping centre and the shores of Okanagan Lake. There is a brand new beach park just put in by the City at Cedar Avenue that is stunning! 1599 is the first house on the corner in this 3 lot assembly, and the price is just for 1599. See the MLS listings for 3219 St Amand and 3159 St Amand for the other two home prices. There is a development application in progress with the City just across the street, and IHS Design has confirmed 6 story potential on this site. See plans in the photos. Apartment Housing Multifamily Potential. Buildable depth of all three lots and city lot combined is suggested to be 73'4"" (22.4m) and a buildable width of 482'11"" (147.2m), factoring in a 6m agricultural buffer. Large 1.31 acre assembly. Contact your favourite agent for more information today!

Description

This is the CORNER LOT comprising a fantastic development opportunity, either for a developer with the land assembly, or for an investor to hold onto, since it's so close to Okanagan College and only a five minute drive to the Pandosy Village shopping centre and the shores of Okanagan Lake. There is a brand new beach park just put in by the City at Cedar Avenue that is stunning! 1599 is the first house on the corner in this 3 lot assembly, and the price is just for 1599. See the MLS listings for 3219 St Amand and 3159 St Amand for the other two home prices. There is a development application in progress with the City just across the street, and IHS Design has confirmed 6 story potential on this site. See plans in the photos. Apartment Housing Multifamily Potential. Buildable depth of all three lots and city lot combined is suggested to be 73'4"" (22.4m) and a buildable width of 482'11"" (147.2m), factoring in a 6m agricultural buffer. Large 1.31 acre assembly. Contact your favourite agent for more information today!

General Info


MLS Listing ID: 10307678 Bedrooms: 3 Bathrooms: 2 Year Built: 1965
Parking: N/A Heating: Baseboard heaters, See remarks Lotsize: 0.45 ac|under 1 acre Air Conditioning : Window air conditioner

Amenities/Features


  • Level lot
  • Corner Site

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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 .