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VENDOR FINANCING AVAILABLE! Potential of 6 Storeys with UC5 Zoning and base 1.8 F.A.R!! This 0.3 acre, UC5 property located in an excellent location by Okanagan College, Mission Park, beaches, KGH and Schools has great redevelopment potential for multifamily, daycare or care home. Lime Architecture Inc Site Analysis forthcoming for 15,000 sqft of larger 2,3,4 bedroom units with 15 parking stalls at grade. Higher densities are achievable. With long-term tenants in place, it is an excellent holding property. With its prime location and potential for development, this property is an excellent investment opportunity for those looking to capitalize on the growing demand for multifamily and care home properties in the area. Seller will consider a 2nd mortgage up to $300,000 at 4 % interest only for 2 years OR 1st mortgage up to $800,000 at 3.5% interest only payments for two year term if sale closes by June 24. (id:45055)
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Property Details
MLS® Number 10308033 Property Type Single Family Neigbourhood Kelowna South Features Irregular Lot Size View Type Lake View, Mountain View, Valley View, View (panoramic) -
Building
Bathroom Total 5 Bedrooms Total 6 Basement Type Crawl Space Constructed Date 1973 Construction Style Attachment Semi-detached Cooling Type Central Air Conditioning Exterior Finish Stucco Flooring Type Carpeted Half Bath Total 2 Heating Type See Remarks Roof Material Asphalt Shingle Roof Style Unknown Stories Total 2 Size Interior 2912 Sqft Type Duplex Utility Water Municipal Water See Remarks -
Land
Acreage No Sewer Municipal Sewage System Size Frontage 49 Ft Size Irregular 0.3 Size Total 0.3 Ac|under 1 Acre Size Total Text 0.3 Ac|under 1 Acre Zoning Type Multi-family -
Rooms
Level Type Length Width Dimensions Second Level 4pc Bathroom Measurements not available Second Level Bedroom 9'6'' x 11'8'' Second Level Bedroom 10'6'' x 12'0'' Second Level Primary Bedroom 12'0'' x 12'0'' Second Level Storage 3'9'' x 7'0'' Second Level 4pc Bathroom 8'0'' x 8'6'' Second Level Bedroom 9'6'' x 11'7'' Second Level Bedroom 12'0'' x 10'10'' Second Level 4pc Ensuite Bath Measurements not available Second Level Primary Bedroom 12'0'' x 12'0'' Main Level Laundry Room 7'0'' x 5'0'' Main Level 2pc Bathroom 6'11'' x 6'0'' Main Level Living Room 20'0'' x 11'0'' Main Level Dining Room 13'7'' x 7'0'' Main Level Kitchen 13'7'' x 9'5'' Main Level Laundry Room 7'0'' x 5'0'' Main Level 2pc Bathroom 7'0'' x 7'6'' Main Level Living Room 11'8'' x 20'0'' Main Level Dining Room 8'0'' x 13'7'' Main Level Kitchen 8'0'' x 13'7'' -
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 01 2024 06:51:01
Okanagan-Mainline Real Estate Board
Royal LePage Kelowna
