LOADING

1254 Sutherland Avenue

1 Bedroom | 2364 sqft

$1,450,000

Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:50889)

Property Details

MLS® Number

10277067

Neigbourhood

Kelowna South

Community Features

Pets Allowed, Rentals Allowed

Building

Bedrooms Total

1

Constructed Date

1960

Construction Style Attachment

Detached

Size Interior

2364 Sqft

Type

House

Utility Water

Municipal Water

Land

Acreage

No

Sewer

Municipal Sewage System

Size Frontage

75 Ft

Size Irregular

0.21

Size Total

0.21 Ac|under 1 Acre

Size Total Text

0.21 Ac|under 1 Acre

Zoning Type

Unknown

Rooms

Level Type Dimensions
Main Level Living Room 1'0'' x 1'0''
Main Level Kitchen 1'0'' x 1'0''
Main Level Primary Bedroom 1'0'' x 1'0''

Interested?

Contact us for more information

team green group logo 250-486-4282 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