500 Rutland Road N, Kelowna | $1,995,000

OPPORTUNITY FOR DEVELOPERS AND BUILDERS to purchase 2 HOMES LAND ASSEMBLY WITH DOUBLE ROAD ACCESS FROM FRONT AND BACK, total of 0.462 acres (Approx.) 20,124.72 Sq. Ft. redevelopment site in Central Rutland within walking distance to all amenities. The OCP supports UC4 zoning with 2.30 FAR, which will allow an approximate saleable area of 46,286 Sq Ft. The subject site provides easy access to transportation and major amenities including restaurants, grocery stores, and other retailers. Distance to UBC Okanagan around 8 min and 8 min to Kelowna Airport.The site is perfect for a rental or stratified project due to its strategic location, closer to UBC , Airport and Highway access. The zoning supports 6 stories Mixed Commercial Apartment Building.LAND ASSEMBLY: 500 RUTLAND RD + 495 MONTGOMERY RD

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Description

OPPORTUNITY FOR DEVELOPERS AND BUILDERS to purchase 2 HOMES LAND ASSEMBLY WITH DOUBLE ROAD ACCESS FROM FRONT AND BACK, total of 0.462 acres (Approx.) 20,124.72 Sq. Ft. redevelopment site in Central Rutland within walking distance to all amenities. The OCP supports UC4 zoning with 2.30 FAR, which will allow an approximate saleable area of 46,286 Sq Ft. The subject site provides easy access to transportation and major amenities including restaurants, grocery stores, and other retailers. Distance to UBC Okanagan around 8 min and 8 min to Kelowna Airport.The site is perfect for a rental or stratified project due to its strategic location, closer to UBC , Airport and Highway access. The zoning supports 6 stories Mixed Commercial Apartment Building.LAND ASSEMBLY: 500 RUTLAND RD + 495 MONTGOMERY RD

General Info

MLS Listing ID: 10316519 Bedrooms: 3 Bathrooms: 1 Year Built: 1981
Parking: N/A Heating: Forced air, See remarks Lotsize: 0.27 ac|under 1 acre Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: Carpeted, Linoleum Fireplaces: N/A Basement: Full

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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 .