LOADING

1216 Ethel Stree

5 Bedroom | 3 Bathroom | 960 sqft

$6,699,999

THIS IS A LAND ASSEMBLY. It's comprised of 4 lots (1206, 1216, 1220, 1230 Ethel St) & the total list price is $6,699,999. See commercial listing (10273361). Approx rental income/month = +$15,425. All 4 lots are 0.15 acres (6,534 SF) = 0.60 acres (26,136 SF) total. 1216 Ethel St offers 44ft (13m) of frontage on Ethel St and 143ft (43m) of frontage (via 1206 Ethel) on Clement Ave (a TSC). Total perimeter of the 4 lots = 143' x 178'. Designated C-NHD in the OCP, situated along a TSC, potential rezoning to MF3/CA1, potential base density of 1.8 FAR with up to an additional 0.80 FAR in bonuses =max 2.6 FAR. Benefiting from frontage on Clement Ave (TSC), a developer can potentially BUILD UP TO 12 STOREYS. Located in the mecca of downtown development, don't waver on this incredible opportunity to supply housing to an influx of: UBCO students, savvy investors, & city slickers eager to own a piece of Kelowna's urban revolution. 1 hour to Big White, 20 minutes to YLW international airport, 16 minutes to UBCO (on University Way) 2 minutes to the future downtown UBCO campus, & walking distance to groceries, shopping, restaurants, entertainment, parks, and beaches. Sellers make no representation/warranties regarding details of the structures. Info on structures is not correct. Buyer to confirm details during due diligence. Selling for LAND VALUE. Jump on this rare opportunity to secure your legacy & contribution to downtown Kelowna's evolving skyline. (id:50889)

Property Details

MLS® Number

10273297

Neigbourhood

Kelowna North

Community Features

Pets Allowed, Rentals Allowed

Features

Level Lot

View Type

City View, View (panoramic)

Water Front Type

Other

Building

Bathroom Total

3

Bedrooms Total

5

Constructed Date

1954

Construction Style Attachment

Detached

Half Bath Total

1

Size Interior

960 Sqft

Type

House

Utility Water

Municipal Water

Land

Acreage

No

Landscape Features

Level

Sewer

Municipal Sewage System

Size Frontage

44 Ft

Size Irregular

0.15

Size Total

0.15 Ac|under 1 Acre

Size Total Text

0.15 Ac|under 1 Acre

Zoning Type

Unknown

Rooms

Level Type Dimensions
Second Level Partial Bathroom Measurements not available
Second Level Full Bathroom Measurements not available
Second Level Bedroom Measurements not available
Second Level Bedroom Measurements not available
Second Level Bedroom Measurements not available
Main Level Bedroom Measurements not available
Main Level Primary Bedroom 1'0'' x 1'0''
Main Level Full Bathroom Measurements not available
Main Level Living Room 1'0'' x 1'0''
Main Level Kitchen 1'0'' x 1'0''

https://www.realtor.ca/real-estate/25547355/1216-ethel-street-kelowna-kelowna-north

Interested?

Contact us for more information

team green group photo 250-492-2266 info@teamgreen.ca

Let me know how I can assist you.

GET IN TOUCH

By providing Kumara Wilcoxon* your contact information, you acknowledge and agree to our Privacy Policy and consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.

Team Green

Want to join our monthly newsletter? Stay Updated on the Market!

Contact Us