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2115 Richter Street Kelowna, British Columbia V1Y 2N7

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1 Bedroom 1 Bathroom 932 sqft

$760,000

Exceptional investment opportunity in Kelowna's Transit Oriented Area, zoned MF4 on a flat .15-acre lot with back lane access. This prime location allows for up to 6 units or a 6-storey development when combined with neighboring properties. Boasting a maximum base density of 2.5 FAR, with a potential 0.3 FAR bonus for rental or affordable housing, the property sits within walking distance to beaches, Kelowna General Hospital, parks, shops, schools, transit, and bike trails. Currently hosting a charming 932 sq ft home with two bedrooms and one bathroom, it offers immediate live-in potential with substantial equity growth or a lucrative development opportunity in a rapidly expanding urban area. Perfect for developers or investors seeking a versatile project in a high-demand location. (id:52811)

Property Details

MLS® Number 10321136
Property Type Single Family
Neigbourhood Kelowna South
Parking Space Total 4

Building

Bathroom Total 1
Bedrooms Total 1
Constructed Date 1925
Construction Style Attachment Detached
Heating Fuel Electric
Stories Total 1
Size Interior 932 Sqft
Type House
Utility Water Municipal Water

Parking

Rear
R V

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.15
Size Total 0.15 Ac|under 1 Acre
Size Total Text 0.15 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Main Level Full Bathroom Measurements not available
Main Level Living Room 18' x 8'
Main Level Primary Bedroom 8' x 10'
Main Level Kitchen 13' x 9'

https://www.realtor.ca/real-estate/27249635/2115-richter-street-kelowna-kelowna-south