Description
Exceptional investment opportunity in Kelowna's Transit Oriented Area, zoned MF4 on a flat .15-acre lot with back lane access. This prime location allows for up to 6 units or a 6-storey development when combined with neighboring properties. Boasting a maximum base density of 2.5 FAR, with a potential 0.3 FAR bonus for rental or affordable housing, the property sits within walking distance to beaches, Kelowna General Hospital, parks, shops, schools, transit, and bike trails. Currently hosting a charming 932 sq ft home with two bedrooms and one bathroom, it offers immediate live-in potential with substantial equity growth or a lucrative development opportunity in a rapidly expanding urban area. Perfect for developers or investors seeking a versatile project in a high-demand location.
General Info
MLS Listing ID: 10321136 | Bedrooms: 1 | Bathrooms: 1 | Year Built: 1925 |
Parking: N/A | Heating: N/A | Lotsize: 0.15 ac|under 1 acre | Air Conditioning : N/A |