$1,450,000
About this House
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 an
Listed by eXp Realty (Kelowna).
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Team 3000 Realty for your convenience.
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Features
- MLS®: 10277067
- Type: House
- Bedrooms: 1
- Bathrooms: 0
- Square Feet: 2,364 sqft
- Full Baths: 0
- Half Baths: 0
- Year Built: 1960