3 Bedrooms

1 Bathrooms

1856 sqft

$1,050,000

DEVELOPMENT PROPERTY! Seize the opportunity to develop a prime corner lot zoned MF4 with a Floor Area Ratio (FAR) of 2.5 in Kelowna. This property allows for up to 6 stories, offering substantial flexibility for your design ambitions. Located within a Transit Hub Parking Exemption Area, this lot also features lane access, maximizing your development potential. The City will also be upgrading the water system and adding sidewalks down Glenwood. Neighboring property at 2161 Woodlawn MLS 10323789) is also for sale creating even more opportunity. Just blocks away from Kelowna General Hospital, elementary schools, Okanagan Lake, and shopping centers, this location is ideal for multi-family residential projects. The nearby amenities make it a highly attractive spot for potential residents, from healthcare professionals to families and outdoor enthusiasts. With the reduced parking requirements of the Transit Hub Parking Exemption Area, you can make the most of the available space. The corner lot offers excellent visibility and accessibility, further enhancing its appeal. Bring your design ideas and transform this prime property into a landmark development in Kelowna. VALUE IS IN THE LAND. INTERIOR VIEWING ONLY WITH ACCEPTED OFFER *Disclaimer - Buyer should research and preform own Due Diligence regarding development regulations and restrictions* (id:59282)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10317810
  Property Type	Single Family
  Neigbourhood	Kelowna South
  ParkingSpaceTotal	3

• Building

  BathroomTotal	1
  BedroomsTotal	3
  ArchitecturalStyle	Other
  BasementType	Full
  ConstructedDate	1949
  ConstructionStyleAttachment	Detached
  ExteriorFinish	Stucco
  FlooringType	Carpeted, Ceramic Tile, Hardwood, Linoleum
  HeatingType	Forced Air, See Remarks
  RoofMaterial	Asphalt Shingle
  RoofStyle	Unknown
  StoriesTotal	2
  SizeInterior	1856 Sqft
  Type	House
  UtilityWater	Municipal Water

  Parking

  Detached Garage

  1

• Land

  Acreage	No
  FenceType	Fence
  Sewer	Municipal Sewage System
  SizeFrontage	48 Ft
  SizeIrregular	0.13
  SizeTotal	0.13 Ac|under 1 Acre
  SizeTotalText	0.13 Ac|under 1 Acre
  ZoningType	Unknown

• Rooms

  Level	Type	Length	Width	Dimensions
  Second Level	Living Room			13'6'' x 7'0''
  Second Level	Primary Bedroom			15'3'' x 11'6''
  Main Level	Family Room			11'8'' x 18'0''
  Main Level	Full Bathroom			Measurements not available
  Main Level	Foyer			4'7'' x 7'9''
  Main Level	Bedroom			11'2'' x 10'1''
  Main Level	Bedroom			11'2'' x 9'10''
  Main Level	Kitchen			10'0'' x 9'0''
  Main Level	Dining Room			7'3'' x 15'3''
  Main Level	Living Room			12'6'' x 17'8''