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$ 969,000
Est. payment /mo
Active
766 Coopland Crescent Kelowna, BC V1Y2V1
0.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Kelowna South
MLS® Listing ID 10398110
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Freehold
Property Description
This is a prime redevelopment location. Many advertise their offerings as such, but this one really lives up to the hype. The inside corner site It is one of the last big lots on a street that is under going change. Investors and builders should look at this for multi-family development. This lot is unique due to its generous size but also because it backs onto TWO lane ways giving your designer a number of different options to shape the building and parking. Zoned UC5, the property offers excellent potential for a fourplex, townhouse development, or low-rise apartment (subject to City of Kelowna approvals and lot size requirements). Just a 10-minute walk to schools, beaches, parks, shopping, and everyday amenities, the location is ideal for future residential development and highly desirable for tenants or owners alike. The existing 4-bedroom, 2-bathroom home provides strong holding or rental income while development plans are explored. We will be honest, the home has had almost no updating in its lifespan and most components are end of life. You are buying dirt. But it is really good dirt in a great location that affords lots of flexibility. (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Lot Description Level
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by Coldwell Banker Horizon Realty
NEARBY SCHOOL & BUSINESS
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