1225 Mountain Avenue, Kelowna
MLS® 10271549
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:36863)
Property Details
- Full Address:
- 1225 Mountain Avenue, Kelowna, British Columbia
- Price:
- $ 2,995,000
- MLS Number:
- 10271549
- List Date:
- April 5th, 2023
- Lot Size:
- 1.28 ac
- Taxes:
- $ 5,311
Interior Features
Building Features
- Zoning:
- Unknown
- Ownership Type:
- Freehold
- Taxes:
- $ 5,311
Floors
Land
- Lot Size:
- 1.28 ac
- Current Use:
- Development residential