+19 more
9
Bedrooms
3
Bathrooms
2,367 sqft
Living Area
0.13 ac
Lot
1930
Year Built
About This Property
This 9-bedroom, 3-bathroom single family in Kelowna offers 2,367 sqft of living area on a 0.13 ac lot. Built in 1930, 2 storeys. The property has lot dimensions of 0.13. The home features baseboard heaters, forced air, electric, see remarks heating, a full basement.
MLS Remarks
This expansive 9-bedroom, 3-bathroom property with a single garage and alleyway access offers incredible potential for development. Zoned MF4, this site is primed for multi-family development. And with a land assembly, up to 6 stories can be built. While the house itself is in poor condition and a tear down, an estimated renovation quote of $177,000 is available should you choose to restore the property. A detailed proposal can be shared upon request. Alternatively, the property could serve as a boarding home in its current state, if renovated. The seller has already prepared development plans for a very unique triplex, featuring a duplex with rear access and a charming detached home at the front. Once built, the three units could be sold separately. Located in a highly sought-after and rapidly developing area, this property is just 450 meters from KGH. Demolition costs are approximately $25,000 (with a quote available), and there is NO ASBESTOS on the premises. A pre-demolition inspection report is available to verify this. This is a prime location and lot, offering a wealth of opportunities for the savvy investor or developer. The appraisal of this property is $1.35 Million and a copy is attached in supplement. BC Assessment is at $1.018 Million. (id:60351)
Overview
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