1 Bedroom
2364 sqft
$1,450,000
Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:29935)
Property Details
MLS® Number
|
10277067 |
Property Type
|
Single Family |
Neigbourhood
|
Kelowna South |
Community Features
|
Pets Allowed, Rentals Allowed |
Building
Bedrooms Total
|
1 |
Constructed Date
|
1960 |
Construction Style Attachment
|
Detached |
Size Interior
|
2364 Sqft |
Type
|
House |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Municipal Sewage System |
Size Frontage
|
75 Ft |
Size Irregular
|
0.21 |
Size Total
|
0.21 Ac|under 1 Acre |
Size Total Text
|
0.21 Ac|under 1 Acre |
Zoning Type
|
Unknown |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Main Level |
Living Room |
|
|
1'0'' x 1'0'' |
Main Level |
Kitchen |
|
|
1'0'' x 1'0'' |
Main Level |
Primary Bedroom |
|
|
1'0'' x 1'0'' |
https://www.realtor.ca/real-estate/25714894/1254-sutherland-avenue-kelowna-kelowna-south