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$ 2,200,000
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1.28 Acres Lot
$ 2,200,000
Est. payment | /mo
1.28 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Glenmore
MLS® Listing ID 10322785
Originating Board Association of Interior REALTORS®
Lot Size 1.280 Acres
Acres 55756.8
Property Description
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:24570)
Location
Province BC
Zoning Unknown
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Others
Ownership Freehold