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| ID: | 56015 |
|---|---|
| MLS ID: | 24528732 |
| MLS Nubmer: | 10255824 |
| description: | DEVELOPMENT OPPORTUNITY IN LOWER MISSION, close to the LAKE/ BEACHES, amenities, public transit, popular SOUTH PANDOSY (shopping, restaurants, great coffee shops) and so much more! LAND ASSEMBLY with 3040 Holland Road. These two large lots combine to measure approximately 200' x 135', ideally suited for a CONDO or TOWNHOME DEVELOPMENT. Both properties are located within the OCP (Official Community Plan) future land use of CORE AREA- Neighbourhood, and are located on a TRANSIT SUPPORTIVE CORRIDOR (K.L.O. ROAD). Based on analysis of the highest and best use of the subject properties being consolidated, it has been suggested that stacked townhouses, a condominium or mixed use development would be recommended. It is expected that 6 stories would be supported for any proposed multi unit building, with an estimated maximum Floor Area Ratio of to 2.05. A great location for a development; centrally located within Kelowna and walking distance to the LAKE/ BEACHES, amenities, public transit, recreation, schools, Okanagan College and so much more. If you're considering holding the property until developing it, there are 3 sources of revenue as the 1240 KLO home includes a basement suite and 3090 Holland has a great updated home. Both homes include abundant parking options and are well suited as rental properties. Must be sold in conjunction with 3090 Holland Road. |
| address: | 1240 KLO Road |
| postal code: | V1W3P9 |
| city: | Kelowna |
| latitude: | 49.86120200 |
| longitude: | -119.47299800 |
| constructed_date: | 1963 |
| type: | House |
| sub_type: | Single Family |
| size_interior: | 1876 sqft |
| size_total: | 0.308 ac|under 1 acre |
| bedrooms: | 5 |
| bathrooms: | 3 |
| heating_type: | (Electric) |
| parking_type: | Attached Garage (2) |
| parking_space_total: | 4 |
| features: | Central location, Flat site |
| amenities_near_by: | Recreation, Shopping, Schools, Park, Public Transit |