LOADING

1240 Klo Road, Kelowna, British Columbia V1W 3P9

5 Bedroom 3 Bathroom 1876 sqft

$1,790,000

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. (id:20737)

Property Details

MLS® Number 10255824
Property Type Single Family
Neigbourhood Kelowna South
Amenities Near By Recreation, Shopping, Schools, Park, Public Transit
Features Central Location, Flat Site
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Total 5
Constructed Date 1963
Construction Style Split Level Split Level
Exterior Finish Stucco
Foundation Type Concrete
Heating Fuel Electric
Roof Material Asphalt Shingle
Roof Style Conventional
Size Interior 1876 Sqft
Type House
Utility Water Municipal Water

Parking

Attached Garage 2

Land

Acreage No
Land Amenities Recreation, Shopping, Schools, Park, Public Transit
Sewer Municipal Sewage System
Size Irregular 0.308
Size Total 0.308 Ac|under 1 Acre
Size Total Text 0.308 Ac|under 1 Acre

Rooms

Level Type Dimensions
Second Level Full Bathroom 6 ft x 3 ft ,2 in
Second Level Full Bathroom 9 ft ,3 in x 7 ft ,1 in
Second Level Primary Bedroom 11 ft ,3 in x 11 ft ,2 in
Second Level Bedroom 11 ft ,9 in x 8 ft ,10 in
Second Level Bedroom 11 ft ,9 in x 9 ft ,3 in
Basement Full Bathroom 7 ft ,4 in x 4 ft ,5 in
Basement Bedroom 10 ft ,4 in x 8 ft ,3 in
Basement Bedroom 10 ft ,9 in x 8 ft ,4 in
Basement Kitchen 7 ft ,10 in x 10 ft ,9 in
Basement Recreational, Games Room 18 ft ,5 in x 9 ft ,10 in
Main Level Laundry Room 8 ft ,11 in x 5 ft ,11 in
Main Level Kitchen 11 ft ,5 in x 8 ft ,7 in
Main Level Dining Room 11 ft ,5 in x 9 ft ,1 in
Main Level Living Room 13 ft ,8 in x 16 ft ,2 in
Main Level Storage 3 ft ,3 in x 7 ft ,4 in

https://www.realtor.ca/real-estate/24528732/1240-klo-road-kelowna-kelowna-south


Royal LePage Kelowna
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7

(250) 860-1100
(250) 860-0595

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