Investor & Developer Alert! Prime UC5 Redevelopment Opportunity in Kelowna South. This 0.25-acre flat lot with laneway access is ideally located on a quiet cul-de-sac in one of Kelowna's most sought-after redevelopment areas. Zoned UC5, the property offers excellent potential for a fourplex, townhouse development, or low-rise apartment (subject to City of Kelowna approvals and lot size requirements). Just a 10-minute walk to schools, beaches, parks, shopping, and everyday amenities, the location is ideal for future residential development and highly desirable for tenants or owners alike. The existing 4-bedroom, 2-bathroom home provides strong holding or rental income while development plans are explored. The functional layout features two bedrooms on the main floor, plus two additional bedrooms and a spacious flex/great room in the basement, offering excellent flexibility for families, multi-generational living, or rental use. With strong redevelopment potential, a premium central location, and an existing home that can generate income, this property is an outstanding opportunity for investors, builders, and developers looking to capitalize on Kelowna South's continued growth. As an added bonus, the mature yard includes cherries, apples, pears, purple and golden plums, multiple varieties of grapes, and winter melon, creating a unique setting while you plan your next project. Give us a call today. (id:47466)
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.