Tim Stanfield - 250.808.4846

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Land in Kelowna

$2,499,900.00
1559 KLO Road - MLS® #: 10259374
  • (148)
  • 105
  • 156
  • 0 Bedrooms
  • 0 Bathrooms
  • - Sq Ft
avatar
Tim Stanfield
Contact Agent
250.808.4846

Property Type

Land

Description

INCREDIBLE DEVELOPMENT PROPERTY located on prime level land in the Lower Mission. Adjoining property is also available.. If combined, you've got a .80 acre LAND ASSEMBLY (1559 KLO is .45 acre; 3150 St Amand is .35 acre). Combined list price is $4,298,000. Property is located on a transit supported corridor and features core neighbourhood future land use (C-NHD Urban Core). Site could potentially accommodate 4 to 6 stories and MF3 zoning independent from assembly. Please contact the City of Kelowna Planning department for more information on development potential. There's currently a well maintained house plus accessory building on the property with excellent tenants paying $3,200/month + utilities. Assembled site is priced at $123/sq ft in a prime area of Kelowna. Current pricing /sq ft is $127 for KLO & $118/sq ft for St. Amand

Property Details

Subarea
LM - Lower Mission

Lot
0.450

Sewer
Septic

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Listing data last updated date: 2023-03-31 04:10:05

Copyright - Okanagan Mainline Real Estate Board Cooperative Ltd. and the REALTORS Association of Okanagan. All Rights Reserved.

Listing Agent: Paul Neufeld

Brokerage: RE/MAX Kelowna