1225 Mountain Avenue Kelowna, British Columbia V1Y 7G9
$2,995,000
This 1.275-acre property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary plans indicate 16 units total including ten 3-bedroom townhouses and six 4-bedroom townhouses. The existing 2,496 SF, 5-bedroom, 3-bathroom single-family home can provide holding income until the property is ready for redevelopment. This is a large, peaceful lot tucked away in a residential neighbourhood, yet only a short walk to Bankhead Elementary School, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:20737)
Property Details
| MLS® Number | 10271549 |
| Property Type | Vacant Land |
| Neigbourhood | Glenmore |
Building
| Type | Other |
Land
| Acreage | Yes |
| Current Use | Development Residential |
| Size Irregular | 1.28 |
| Size Total | 1.28 Ac|1 - 5 Acres |
| Size Total Text | 1.28 Ac|1 - 5 Acres |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/25439154/1225-mountain-avenue-kelowna-glenmore
100 - 1553 Harvey Avenue
Kelowna, British Columbia V1Y 6G1
(250) 717-5000
(250) 861-8462
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April 15 2024 07:03:24
Okanagan-Mainline Real Estate Board
RE/MAX Kelowna