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1206-1230 Ethel Street, Kelowna, British Columbia V1Y 2W5

Waterfront Nearby

$8,360,000

Best development opportunity in Kelowna; this location is unmatched. This 0.60 acre (26,136 SF), 4-lot assembly downtown offers approx. 178.4 ft (54m) of frontage on Ethel St and approx. 143.4 ft (43m) of frontage on Clement Ave (a Transit Supportive Corridor). The assembly's OCP designation is C-NHD and is situated along a TSC with proposed max density of up to 2-2.05 FAR. Benefiting from frontage on Cement Ave (TSC), a developer can potentially BUILD UP TO 12 STOREYS. Bonus lot 1238 Ethel Street is listed exclusively & would pose a creative solution for developers struggling to satisfy the min parking requirements. Located in the mecca of downtown development, don't waver on this incredible opportunity to supply housing to an influx of: UBCO students/savvy investors/city slickers eager to own a piece of Kelowna's "urban revolution" in its early stages. Sellers make no representation or warranties regarding details of structures. Info on structures is not correct. Buyers to confirm details when viewing upon accepted offer. Selling for LAND VALUE. Jump on this opportunity TODAY to secure your legacy and contribution to downtown Kelowna's evolving skyline. Please refer to the individual lot's residential MLS® listings (10255394), (10255395), (10255396), (10255397) for details on PID, legal descriptions & sellers names. (id:20737)

Property Details

MLS® Number 10255398
Property Type Vacant Land
Neigbourhood Kelowna North
Features Central Location, Corner Site, Flat Site
Water Front Type Waterfront Nearby

Building

Utility Water Municipal Water

Land

Acreage No
Current Use Development Residential
Sewer Municipal Sewage System
Size Frontage 176 Ft
Size Irregular 0.6
Size Total 0.6 Ac|under 1 Acre
Size Total Text 0.6 Ac|under 1 Acre

Utilities

Sewer Available

https://www.realtor.ca/real-estate/24504776/1206-1230-ethel-street-kelowna-kelowna-north


Coldwell Banker Horizon Realty
#14 - 1470 Harvey Avenue
Kelowna, British Columbia V1Y 9K8

(250) 860-7500
(250) 868-2488

Interested?

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