1095 Monterey Court Kelowna, British Columbia V1X 5P2
$1,400,000
0.41 acre (17,860 SF) MF2 zoned development site in the Rutland core area. Great location in a family-friendly neighborhood at the end of a cul-de-sac near Springfield Road and Rutland Road South. The property is within walking distance to 3 schools and Mission Creek Regional Park, and close to all major amenities. Property is zoned MF2, accommodating increased density and building height. Due diligence documents available upon a signed NDA include a Phase 1 ESA, Geotech Report, Site Survey, Architectural Plans, Landscape Plans and City of Kelowna Pre-Application Meeting Minutes. Proposed concept is for 9 residential 3-storey townhome units between 2 buildings. All 9 units offer attractive floorplans with 3 bedrooms, backyard patios, and double garages. Design is well suited for a bare land strata and party-wall agreement (no strata fees for end users). No special Development Permits affect this site. Holding income provided from the existing duplex on site with 3 separate units. Option to acquire the holding company, which can eliminate the Property Transfer Tax. Project conceptualized and designed by an experienced land development consultant with over a decade of experience managing and planning developments, including townhouse sites. (id:53701)
Property Details
| MLS® Number | 10338414 |
| Property Type | Vacant Land |
| Neigbourhood | Rutland South |
| Amenities Near By | Golf Nearby, Public Transit, Park, Recreation, Schools, Shopping |
| Community Features | Family Oriented |
| Features | Cul-de-sac |
| Road Type | Paved Road, Cul De Sac |
Building
| Type | Other |
| Utility Water | Municipal Water |
Land
| Access Type | Easy Access |
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Golf Nearby, Public Transit, Park, Recreation, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.41 |
| Size Total | 0.41 Ac|under 1 Acre |
| Size Total Text | 0.41 Ac|under 1 Acre |
| Zoning Type | Multi-family |
Utilities
| Electricity | Available |
| Water | Available |
https://www.realtor.ca/real-estate/28008209/1095-monterey-court-kelowna-rutland-south
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March 11 2025 04:35:30
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