PRIME .66 ACRE DEVELOPMENT OR HOLDING OPPORTUNITY ON THE TRANSIT CORRIDOR! This 2-lot land assembly (3029 + 3009 Gordon Dr) totals .66 acres (28,749 sq. ft.) in a high-demand location! Listed at a combined price of $3,150,000, this site offers exceptional development potential of up to a 6-story apartment building with a 1.8 FAR plus bonus density of up to 0.55 FAR. Located near Okanagan College in the highly sought-after Kelowna South area, this prime transit-oriented site is perfect for a high-yield rental development. Its strategic location ensures strong demand and excellent accessibility, making it a standout investment. Alternatively, this property presents a fantastic long-term holding opportunity for future development, allowing investors to secure a prime piece of real estate in a rapidly growing area. Buyers to verify development potential with the City of Kelowna. (id:51786)

• Property Details

  MLS® Number	10341685
  Property Type	Single Family
  Neigbourhood	Kelowna South

• Building

  Bathroom Total	2
  Bedrooms Total	5
  Constructed Date	1968
  Construction Style Attachment	Detached
  Cooling Type	Central Air Conditioning
  Exterior Finish	Stucco
  Flooring Type	Carpeted, Linoleum
  Heating Fuel	Electric
  Heating Type	See Remarks
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	2
  Size Interior	3025 Sqft
  Type	House
  Utility Water	Municipal Water

  See Remarks
  Carport

• Land

  Acreage	No
  Sewer	Municipal Sewage System
  Size Irregular	0.33
  Size Total	0.33 Ac|under 1 Acre
  Size Total Text	0.33 Ac|under 1 Acre
  Zoning Type	Unknown

• Rooms

  Level	Type	Length	Width	Dimensions
  Basement	Full Bathroom			7'2'' x 9'1''
  Basement	Workshop			13'8'' x 9'4''
  Basement	Storage			8'2'' x 9'6''
  Basement	Primary Bedroom			13'4'' x 15'1''
  Basement	Bedroom			10'8'' x 11'4''
  Basement	Laundry Room			8'11'' x 11'6''
  Basement	Family Room			20'7'' x 12'9''
  Main Level	Full Bathroom			6' x 6'
  Main Level	Bedroom			12'4'' x 13'2''
  Main Level	Bedroom			13'5'' x 12'8''
  Main Level	Bedroom			8'5'' x 13'2''
  Main Level	Living Room			13'3'' x 21'7''
  Main Level	Dining Room			9'9'' x 16'8''
  Main Level	Kitchen			18'2'' x 17'6''

• Utilities