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:47421)
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Detailed Information
Listing Contract Date
2024-08-30
Municipal ID
005-732-344
Ownership Type
Freehold
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Zoning
Unknown
Building
Type
Other
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Land
Total Size
1.28 acres
Acreage
Yes
Current Use
Development residential
Size of Irregular Land
1.28
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