This expansive 9-bedroom, 3-bathroom property with a single garage and alleyway access offers incredible potential for development. Zoned MF4, this site is primed for multi-family development. And with a land assembly, up to 6 stories can be built. While the house itself is in poor condition and a tear down, an estimated renovation quote of $177,000 is available should you choose to restore the property. A detailed proposal can be shared upon request. Alternatively, the property could serve as a boarding home in its current state, if renovated. The seller has already prepared development plans for a very unique triplex, featuring a duplex with rear access and a charming detached home at the front. Once built, the three units could be sold separately. Located in a highly sought-after and rapidly developing area, this property is just 450 meters from KGH. Demolition costs are approximately $25,000 (with a quote available), and there is NO ASBESTOS on the premises. A pre-demolition inspection report is available to verify this. This is a prime location and lot, offering a wealth of opportunities for the savvy investor or developer. The appraisal of this property is $1.35 Million and a copy is attached in supplement. BC Assessment is at $1.018 Million. For more information please contact listing agent Sam Belete 250 351 6029 (id:45055)
| MLS® Number | 10373969 |
| Property Type | Single Family |
| Neigbourhood | Kelowna South |
| BathroomTotal | 3 |
| BedroomsTotal | 9 |
| ArchitecturalStyle | Bungalow |
| BasementType | Full |
| ConstructedDate | 1930 |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Stucco |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters, Forced Air, See Remarks |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 1 |
| SizeInterior | 2,367 Ft2 |
| Type | House |
| UtilityWater | Municipal Water |
| Street |
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeFrontage | 48 Ft |
| SizeIrregular | 0.13 |
| SizeTotal | 0.13 Ac|under 1 Acre |
| SizeTotalText | 0.13 Ac|under 1 Acre |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 10'2'' x 9'6'' | ||
| Second Level | Bedroom | 11'0'' x 10'0'' | ||
| Basement | Bedroom | 9'8'' x 9'2'' | ||
| Basement | Bedroom | 10'4'' x 10'2'' | ||
| Basement | Bedroom | 10'2'' x 9'6'' | ||
| Basement | Bedroom | 10'0'' x 9'0'' | ||
| Basement | 4pc Bathroom | Measurements not available | ||
| Basement | Kitchen | 13'0'' x 10'0'' | ||
| Main Level | Bedroom | 11'2'' x 9'7'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Primary Bedroom | 12'0'' x 12'0'' | ||
| Main Level | Bedroom | 10'0'' x 9'2'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | Dining Room | 11'0'' x 11'0'' | ||
| Main Level | Living Room | 16'0'' x 15'0'' |
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