An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:4069)
Address
3570 Old Okanagan Highway
List Price
$749,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
sale
Area
British Columbia
Sub-Area
West Kelowna
Bedrooms
4
Bathrooms
2
Floor Area
2,282 Sq. Ft.
Lot Size
0.17 Sq. Ft.
Year Built
1925
MLS® Number
10356843
Listing Brokerage
Royal LePage Kelowna
Postal Code
V4T1P3
