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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
3
Bathrooms
1
Lot
48 x 0 ft
Listing Contract Date
2024-06-25
Municipal ID
005-814-472
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Architectural Style
Other
Basement Type
Full
Constructed Date
1949
Construction Style (Attachment)
Detached
Exterior Finish
Stucco
Flooring Type
Carpeted, Ceramic Tile, Hardwood, Linoleum
Heating Type
Forced air, See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
1.5
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Second level
13'6'' x 7'0''
Primary Bedroom
Second level
15'3'' x 11'6''
Family room
Main level
11'8'' x 18'0''
Full bathroom
Main level
Measurements not available
Foyer
Main level
4'7'' x 7'9''
Bedroom
Main level
11'2'' x 10'1''
Bedroom
Main level
11'2'' x 9'10''
Kitchen
Main level
10'0'' x 9'0''
Dining room
Main level
7'3'' x 15'3''
Living room
Main level
12'6'' x 17'8''
Parking Spaces
Name
Spaces
Detached Garage
1
Land
Total Size
0.13 acres
Fence Type
Fence
Sewer
Municipal sewage system
Size of Irregular Land
0.13
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