9 Bedroom
3 Bathroom
2,367 ft2
Bungalow
Baseboard Heaters, Forced Air, See Remarks
$1,195,000
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:53701)
Property Details
MLS® Number
|
10338668 |
Property Type
|
Single Family |
Neigbourhood
|
Kelowna South |
Building
Bathroom Total
|
3 |
Bedrooms Total
|
9 |
Architectural Style
|
Bungalow |
Basement Type
|
Full |
Constructed Date
|
1930 |
Construction Style Attachment
|
Detached |
Exterior Finish
|
Stucco |
Heating Fuel
|
Electric |
Heating Type
|
Baseboard Heaters, Forced Air, See Remarks |
Roof Material
|
Asphalt Shingle |
Roof Style
|
Unknown |
Stories Total
|
1 |
Size Interior
|
2,367 Ft2 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Sewer
|
Municipal Sewage System |
Size Frontage
|
48 Ft |
Size Irregular
|
0.13 |
Size Total
|
0.13 Ac|under 1 Acre |
Size Total Text
|
0.13 Ac|under 1 Acre |
Zoning Type
|
Unknown |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Bedroom |
|
|
10'2'' x 9'6'' |
Second Level |
Bedroom |
|
|
11'0'' x 10'0'' |
Basement |
Bedroom |
|
|
9'8'' x 9'2'' |
Basement |
Bedroom |
|
|
10'4'' x 10'2'' |
Basement |
Bedroom |
|
|
10'2'' x 9'6'' |
Basement |
Bedroom |
|
|
10'0'' x 9'0'' |
Basement |
4pc Bathroom |
|
|
Measurements not available |
Basement |
Kitchen |
|
|
13'0'' x 10'0'' |
Main Level |
Bedroom |
|
|
11'2'' x 9'7'' |
Main Level |
4pc Bathroom |
|
|
Measurements not available |
Main Level |
Primary Bedroom |
|
|
12'0'' x 12'0'' |
Main Level |
Bedroom |
|
|
10'0'' x 9'2'' |
Main Level |
4pc Bathroom |
|
|
Measurements not available |
Main Level |
Dining Room |
|
|
11'0'' x 11'0'' |
Main Level |
Living Room |
|
|
16'0'' x 15'0'' |
https://www.realtor.ca/real-estate/28014879/2166-aberdeen-street-kelowna-kelowna-south