$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
BathroomTotal
2
BedroomsTotal
4
ConstructedDate
1969
ConstructionStyleAttachment
Detached
CoolingType
Central Air Conditioning
HeatingType
Forced Air
StoriesTotal
2
SizeInterior
2083 Sqft
Type
House
UtilityWater
Irrigation District
Land
Acreage
No
Sewer
Municipal Sewage System
SizeFrontage
89 Ft
SizeIrregular
0.21
SizeTotal
0.21 Ac|under 1 Acre
SizeTotalText
0.21 Ac|under 1 Acre
ZoningType
Unknown