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1009 Hudson Roa

$1,999,999

WEST KELOWNA DEVELOPMENT OPPORTUNITY: 8 to 12-UNIT POTENTIAL ON 0.34 ACRES NEAR TRANSIT. Premier development opportunity in West Kelowna's wine country with this 0.34-acre property, well positioned for an 8 to 12-unit multi-story residential project. Located on a corner lot with access from both Boucherie Road and Hudson Rd, the property aligns with recent legislative incentives for increased housing density near transit routes, enhancing its development potential. Currently, the site houses a 5-bedroom, 3-bathroom dwelling, split into a legal 2-bedroom basement suite and a 3-bedroom upstairs suite, generating an annual gross income of $63,000. This income stream provides an excellent holding opportunity for investors or developers planning future projects. The flat terrain of the lot simplifies construction, and its strategic location in a burgeoning area, combined with the recent renovations to the existing structure, makes it an attractive proposition for those looking to invest in West Kelowna's growing housing market. This property offers a unique chance to contribute to the area's urban development while tapping into the lucrative potential of the region's real estate sector. (id:50889)

Property Details

MLS® Number

10302842

Neigbourhood

Lakeview Heights

Features

Irregular Lot Size, One Balcony

Parking Space Total

5

View Type

View (panoramic)

Building

Appliances

Refrigerator, Dishwasher, Dryer, Range - Electric, Washer

Architectural Style

Ranch

Basement Type

Full

Constructed Date

2002

Cooling Type

Central Air Conditioning, Heat Pump

Exterior Finish

Stucco

Fireplace Fuel

Gas

Fireplace Present

Yes

Fireplace Type

Unknown

Flooring Type

Carpeted, Laminate

Heating Fuel

Electric

Heating Type

Forced Air, Heat Pump, See Remarks

Roof Material

Asphalt Shingle

Roof Style

Unknown

Stories Total

2

Type

Multi-family

Utility Water

Municipal Water

Land

Acreage

No

Sewer

Municipal Sewage System

Size Irregular

0.34

Size Total

0.34 Ac|under 1 Acre

Size Total Text

0.34 Ac|under 1 Acre

Zoning Type

Unknown

https://www.realtor.ca/real-estate/26436121/1009-hudson-road-west-kelowna-lakeview-heights

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