$11,999,999
Opportunity to purchase a large land assembly with solid rental income potential plus future upside as increased density multifamily development. 1.90 Acres (82,764 SF) land assembly, 7 titles. Located in Glenmore, in close proximity to Kelowna Golf and Country Club. This property comes under Village Centre (VC) Zoning ( FAR up to 2.05), which allows 6 storey apartments, Townhomes/apartment combo or the possibility for mixed commercial. The City also supports HOTEL development on this site.There are multiple developments underway in this area. Walking distance to all amenities, convenience stores, Save on Food, Banks, Starbucks, Tim Hortons, Dollar Store, McDonald and roughly 10 minutes drive to Downtown, UBCO, and Airport. (Total 7 homes included in this assembly - 444/450/456/462/468/474 Valley Rd,1990 Raisanen Rd) (id:50889)
Property Details
MLS® Number
10305480
Neigbourhood
Glenmore
Building
Type
Residential Commercial Mix
Land
Acreage
Yes
CurrentUse
Mixed Use
Sewer
Municipal Sewage System
SizeFrontage
537 Ft
SizeIrregular
1.9
SizeTotal
1.9 Ac|1 - 5 Acres
SizeTotalText
1.9 Ac|1 - 5 Acres
ZoningType
Unknown
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March 07 2024 07:31:29
Okanagan-Mainline Real Estate Board
Realtymonx
