Single Family
This expansive 9-bedroom, 3-bathroom property with a single garage and alleyway access offers incredible potential for development. Zoned MF4, this site is primed for multi-family development. And with a land assembly, up to 6 stories can be built. While the house itself is in poor condition and a tear down, an estimated renovation quote of $177,000 is available should you choose to restore the property. A detailed proposal can be shared upon request. Alternatively, the property could serve as a boarding home in its current state, if renovated. The seller has already prepared development plans for a triplex, featuring a duplex with rear access and a charming detached home at the front. Once built, the three units could be sold separately. Located in a highly sought-after and rapidly developing area, this property is just 450 meters from KGH. For even greater potential, consider combining with neighboring properties to pursue up to a 6-story development approval. Demolition costs are approximately $25,000 (with a quote available), and there is NO ASBESTOS on the premises. A pre-demolition inspection report is available to verify this. This is a prime location and lot, offering a wealth of opportunities for the savvy investor or developer. The appraisal of this property is $1.35 Million and a copy is attached in supplement. Pictures are of the completed product once constructed. (id:6769)
Subarea
Kelowna South
Lot
0.13
Year Built
1930
Sewer
Municipal sewage system
Room | Floor | Dimension |
---|---|---|
Bedroom | Second level | 10'2'' x 9'6'' |
Bedroom | Second level | 11'0'' x 10'0'' |
Bedroom | Basement | 9'8'' x 9'2'' |
Bedroom | Basement | 10'4'' x 10'2'' |
Bedroom | Basement | 10'2'' x 9'6'' |
Bedroom | Basement | 10'0'' x 9'0'' |
4pc Bathroom | Basement | Measurements not available |
Kitchen | Basement | 13'0'' x 10'0'' |
Bedroom | Main level | 11'2'' x 9'7'' |
4pc Bathroom | Main level | Measurements not available |
Primary Bedroom | Main level | 12'0'' x 12'0'' |
Bedroom | Main level | 10'0'' x 9'2'' |
4pc Bathroom | Main level | Measurements not available |
Dining room | Main level | 11'0'' x 11'0'' |
Living room | Main level | 16'0'' x 15'0'' |
Sam Belete
(250) 351-6029
Royal LePage Kelowna
(250) 860-1100
The property information on this website is derived from the Canadian Real Estate Association''s Data Distribution Facility (DDF®). DDF® references real estate listings held by various brokerage firms and franchisees. The accuracy of information is not guaranteed and should be independently verified. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing data last updated date: 2025-04-27 02:38:51