$1,499,000
Introducing a prime 0.21-acre corner lot in Kelowna, positioned at Dougall Rd S and Jurome Ave, this development opportunity is zoned UC4, allowing for 4-story buildings with a potential FAR with bonuses of 2.4. Sewer is at the lot line. Nestled in a rapidly expanding neighborhood, this property is not only close to essential amenities but also benefits from its proximity to transit options, the local transit exchange, and Plaza 33 shopping center, featuring Save on Foods. This enhances its appeal, offering developers the chance to significantly impact Kelowna's urban growth. With the additional convenience of an assumable mortgage and potential for a Vendor Take-Back (VTB) mortgage, financial flexibility is at your fingertips. This lot represents a rare opportunity to contribute to Kelowna's community and skyline, making it a strategic investment for those looking to shape the future of one of Canada's most desirable locations. Act now to secure this valuable piece of Kelowna's developing landscape. (id:50889)
Property Details
MLS® Number
10303486
Neigbourhood
Rutland South
Building
Bathroom Total
2
Bedrooms Total
4
Constructed Date
1969
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Heating Type
Forced Air
Stories Total
2
Size Interior
2083 Sqft
Type
House
Utility Water
Irrigation District
Land
Acreage
No
Sewer
Municipal Sewage System
Size Frontage
89 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
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April 02 2024 05:01:00
Okanagan-Mainline Real Estate Board
Exp Realty (Kelowna)
