1358 Sutherland Avenue, Kelowna | $1,649,888

DEVELOPERS ALERT!! Opportunity to purchase this redevelopment property with an existing home generating solid rental revenue in the Capri Center redevelopment corridor. The main level has 3 bedrooms, 1 bath, a Kitchen, a living room, and laundry. Basement suite with 3 bedroom, bath, kitchen, laundry, and a separate entrance providing solid rental income. The neighbouring two (2) homes are also available (1349 Pridham Ave, and 1359 Pridham Ave) and will provide future upside as increased density multifamily development. . This property comes under Urban Centre (UC) Zoning ( FAR up to 1.75), in the new OCP, which allows 6 story apartments, Townhomes/apartment combo. Close proximity to all major amenities, grocery stores, schools, restaurants, Kelowna downtown, and easy access to Highway 97.

Description

DEVELOPERS ALERT!! Opportunity to purchase this redevelopment property with an existing home generating solid rental revenue in the Capri Center redevelopment corridor. The main level has 3 bedrooms, 1 bath, a Kitchen, a living room, and laundry. Basement suite with 3 bedroom, bath, kitchen, laundry, and a separate entrance providing solid rental income. The neighbouring two (2) homes are also available (1349 Pridham Ave, and 1359 Pridham Ave) and will provide future upside as increased density multifamily development. . This property comes under Urban Centre (UC) Zoning ( FAR up to 1.75), in the new OCP, which allows 6 story apartments, Townhomes/apartment combo. Close proximity to all major amenities, grocery stores, schools, restaurants, Kelowna downtown, and easy access to Highway 97.

General Info


MLS Listing ID: 10316480 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Parking: N/A Heating: Heat Pump Lotsize: 0.22 ac|under 1 acre Air Conditioning : Central air conditioning, Heat Pump
Home Style: N/A Finished Floor Area: N/A Fireplaces: Smoke Detector Only Basement: N/A

Amenities/Features


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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 .