424 Newsom Avenue Kelowna, British Columbia V1Y 4Y2

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Interested?

Contact us for more information


4 Bedrooms
3 Bathrooms
2,756 sqft

Inground Pool, Outdoor Pool, Pool Wall Unit Forced Air

$1,795,000

A rare opportunity to acquire a prime development site in the heart of Kelowna's South Pandosy Urban Centre. Zoned UC5, this 6,044 sq ft lot (79 x 76.5 ft) with laneway access is surrounded by new construction on all sides, with several neighbouring parcels already cleared and shovel ready, a clear signal of where this corridor is heading. UC5 zoning permits mixed-use development up to 8 storeys as of right, with density bonusing available up to 11 storeys. No rezoning required. The City of Kelowna has identified this node as a primary growth area under the 2040 OCP, making this an exceptionally well positioned holding for any developer or investor looking to enter one of BC's most active mid-size urban markets. Steps to Okanagan Lake, the Pandosy Village commercial strip, Kelowna General Hospital, and transit. The existing two storey home with pool generates income while you plan. Hold, assemble, or build. Land assembly potential exists with neighbouring properties. Opportunities like this in an established urban centre with this level of surrounding development activity are increasingly rare. (id:64133)


  • Property Details

    MLS® Number 10396885
    Property Type Single Family
    Neigbourhood Kelowna South
    PoolType Inground Pool, Outdoor Pool, Pool
  • Building

    Bathroom Total 3
    Bedrooms Total 4
    Constructed Date 1947
    Construction Style Attachment Detached
    Cooling Type Wall Unit
    Heating Type Forced Air
    Stories Total 2
    Size Interior 2,756 Sqft
    Type House
    Utility Water Municipal Water

    Parking

    Additional Parking
    Street
    Other
  • Land

    Acreage No
    Sewer Municipal Sewage System
    Size Irregular 0.14
    Size Total 0.14 Ac|under 1 Acre
    Size Total Text 0.14 Ac|under 1 Acre
  • Rooms

    Level Type Dimensions
    Second Level 3pc Ensuite Bath 11' x 8'
    Second Level Bedroom 19'5'' x 10'4''
    Second Level Bedroom 15' x 10'4''
    Second Level 4pc Bathroom 7'6'' x 7'
    Second Level Primary Bedroom 19'5'' x 11'5''
    Second Level Bedroom 15'6'' x 10'4''
    Main Level 3pc Bathroom 7'10'' x 6'3''
    Main Level Living Room 23'9'' x 15'
    Main Level Kitchen 14' x 10'3''
    Main Level Dining Nook 11' x 6'
    Main Level Family Room 19' x 15'
    Main Level Dining Room 13'8'' x 9'

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.