1225 Mountain Avenue Kelowna, British Columbia V1Y 7G9
$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:43334)
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
| Electricity | Available |
https://www.realtor.ca/real-estate/27348238/1225-mountain-avenue-kelowna-glenmore
Personal Real Estate Corporation
(250) 870-2165
www.commercialbc.com/
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August 30 2024 05:28:36
Okanagan-Mainline Real Estate Board
RE/MAX Kelowna