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1225 Mountain Avenue Kelowna, British Columbia V1Y 7G9

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Acreage

$2,200,000

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:52811)

Property Details

MLS® Number 10322785
Property Type Vacant Land
Neigbourhood Glenmore
Road Type Paved Road

Building

Type Other
Utility Water Municipal Water

Land

Acreage Yes
Current Use Development Residential
Size Irregular 1.28
Size Total 1.28 Ac|1 - 5 Acres
Size Total Text 1.28 Ac|1 - 5 Acres
Zoning Type Unknown

Utilities

Electricity Available

https://www.realtor.ca/real-estate/27348238/1225-mountain-avenue-kelowna-glenmore