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. (id:51786)
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Property Details
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MLS® Number
|
10321136 |
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Property Type
|
Single Family |
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Neigbourhood
|
Kelowna South |
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Parking Space Total
|
4 |
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Building
|
Bathroom Total
|
1 |
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Bedrooms Total
|
1 |
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Constructed Date
|
1925 |
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Construction Style Attachment
|
Detached |
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Heating Fuel
|
Electric |
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Stories Total
|
1 |
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Size Interior
|
932 Sqft |
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Type
|
House |
|
Utility Water
|
Municipal Water |
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Land
|
Acreage
|
No |
|
Sewer
|
Municipal Sewage System |
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Size Irregular
|
0.15 |
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Size Total
|
0.15 Ac|under 1 Acre |
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Size Total Text
|
0.15 Ac|under 1 Acre |
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Zoning Type
|
Unknown |
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Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Full Bathroom |
|
|
Measurements not available |
|
Main Level |
Living Room |
|
|
18' x 8' |
|
Main Level |
Primary Bedroom |
|
|
8' x 10' |
|
Main Level |
Kitchen |
|
|
13' x 9' |
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Utilities
