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ID: 5784
MLS ID: 24160874
MLS Nubmer: 10248660
description: Opportunity to purchase a highly coveted redevelopment site with holding income in Kelowna’s Lower Mission. The property is situated just steps from Okanagan Lake, backs on to Mission Creek, and is adjacent to Manteo Resort, Hotel Eldorado and Aqua. Located just a few blocks south of Pandosy Village, and walking distance to restaurants, coffee shops, shopping and services. 1.254 acre site, with approximately 0.916 usable after dedications and setbacks. Prime location in Kelowna’s Lower Mission. Monthly apartment rentals provides secure cashflow with upside potential and is easy to manage. Max FAR of 1.5 under current zoning. New Draft Zoning Bylaw: VC1, up to 15 storeys in height, up to 81,936 sq.ft. Saleable Area (1.5 FAR), potential for 126 suites (avg size 650 sq.ft.). Located next to Aqua Waterfront Village: 17 storey development (+/- 400 homes).
address: 549 Truswell Road
postal code: V1W3K7
city: Kelowna
latitude: 49.84333800
longitude: -119.48979900
sub_type: Vacant Land
size_total: 1.254 ac|1 - 5 acres
features: Central location, Park setting
amenities_near_by: Recreation, Shopping, Schools, Park, Public Transit
utility_type: Sewer (Available)