UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110, 206 BUILDABLE SQUARE FEET! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2997 Lowe Crt, 2987 Lowe Crt, 2977 Lowe Crt, 2922 Gordon Dr and 3010 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is within 400m of a Transit Exchange meaning parking requirements greatly reduced (Commercial and Universal Accessibility Parking only). Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Upcoming changes allow option to rezone to UC5. Gordon Drive is also a TRANSIT SUPPORTIVE CORRIDOR but with only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION, this parcel contains 4 of only 793 total lots being rezoned in the Transit Oriented Areas. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo). (id:47421)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
56 x 0 ft
Total Area
1,616 ft2
Amenities Nearby
Golf Nearby, Park, Schools, Shopping
Community Features
High Traffic Area, Pets Allowed, Rentals Allowed
Features
Level lot
Listing Contract Date
2024-01-26
Municipal ID
007-853-220
Ownership Type
Freehold
Property Type
Single Family
Transaction Type
For sale
Zoning
Unknown
Building
Appliances
Refrigerator, Dryer, Range - Electric, Washer
Architectural Style
Ranch
Basement Type
Full
Constructed Date
1959
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Stucco
Flooring Type
Hardwood, Tile, Vinyl
Heating Fuel
Electric
Heating Type
Baseboard heaters, Forced air, See remarks
Roof Material
Asphalt shingle
Roof Style
Unknown
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Basement
5'10'' x 11'2''
Foyer
Basement
10'9'' x 7'8''
Utility room
Basement
11'1'' x 9'10''
Great room
Basement
21'4'' x 12'7''
Bedroom
Basement
12'3'' x 10'0''
Other
Lower level
3'4'' x 3'4''
Other
Main level
17'10'' x 4'0''
Storage
Main level
4'4'' x 7'10''
Workshop
Main level
7'5'' x 11'4''
Living room
Main level
17'6'' x 12'10''
Kitchen
Main level
11'8'' x 11'11''
4pc Bathroom
Main level
5'0'' x 7'7''
Bedroom
Main level
8'11'' x 10'11''
Primary Bedroom
Main level
11'3'' x 11'1''
Foyer
Main level
3'7'' x 6'0''
Parking Spaces
Name
Spaces
See Remarks
Detached Garage
RV
1
Land
Total Size
0.13 acres
Amenities
Golf Nearby, Park, Schools, Shopping
Fence Type
Fence
Landscape Features
Landscaped, Level, Underground sprinkler
Sewer
Municipal sewage system
Size of Irregular Land
0.13
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