Acreage
$2,200,000
Approx. 1.275 acres or ±55,608 SF residential property identified as being within the OCP 2040 Core Area by the City of Kelowna. Currently zoned MF1 - Infill Housing, with room for densification on lot. Central location in a well-established residential neighbourhood. Potential holding income from the existing 5-bedroom & 3-bathroom single-family home until the property is ready for redevelopment. It is currently stated in the zoning bylaws, that the purpose of MF1 zoning is to provide a zone for infill development within the core area of the City (which the subject property is limiting development to 6 ground-oriented residential units or less. A potential for bare land stratification could allow for more units. (id:53701)
Property Details
MLS® Number
|
10322785 |
Property Type
|
Vacant Land |
Neigbourhood
|
Glenmore |
RoadType
|
Paved Road |
Building
Type
|
Other |
UtilityWater
|
Municipal Water |
Land
Acreage
|
Yes |
CurrentUse
|
Development Residential |
SizeIrregular
|
1.28 |
SizeTotal
|
1.28 Ac|1 - 5 Acres |
SizeTotalText
|
1.28 Ac|1 - 5 Acres |
ZoningType
|
Unknown |
Utilities
https://www.realtor.ca/real-estate/27348238/1225-mountain-avenue-kelowna-glenmore