INVESTOR AND DEVELOPER ALERT! 8 Lot, 1.208 Total Acres Land Assembly with MF4 Zoning, in the Transit Oriented Area, on the Transit Corridor. Allows for Commercial Retail Units on the ground level. Offering an aggregate sale price $14,626,000. All buildings within a 400 meter radius of the Kelowna General Hospital, measured from the epicenter, located at the center of Pandosy St and the causeway that goes across Pandosy St, are eligible for 6 storey apartments. Maximum Base Density is 2.5 FAR, with 0.3 FAR bonus available for purpose built rental or affordable housing. Maximum Site Coverage for all buildings is 65% coverage. Must be sold in Land Assembly with 2237 Richter St, 2243 Richter St, 2253 Richter St, 2265 Richter St, 2277 Richter St, 2287 Richter St, 706 Rose Ave. (id:47421)
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Detailed Information
Listing Contract Date
2024-06-15
Maintenance Fee Payment Frequency
Monthly
Municipal ID
025-627-813
Ownership Type
Strata
Property Type
Vacant Land
Road
Paved road
Transaction Type
For sale
Zoning
Unknown
Building
Type
Other
Utility Water
Municipal water
Utilities
Type
Description
Cable
Available
Electricity
Available
Natural Gas
Available
Telephone
Available
Sewer
Available
Water
Available
Land
Total Size
0.11 acres
Current Use
Development residential
Sewer
Municipal sewage system
Size of Irregular Land
0.11
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