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:4069)
| Address |
1225 Mountain Avenue |
| List Price |
$2,200,000 |
| Property Type |
Vacant Land |
| Type of Dwelling |
Other |
| Area |
British Columbia |
| Sub-Area |
Kelowna |
| Lot Size |
1.28 Sq. Ft. |
| MLS® Number |
10322785 |
| Listing Brokerage |
RE/MAX Kelowna
|
| Postal Code |
V1Y7G9 |
