2166 Aberdeen Street, Kelowna

MLS® 10338668

This expansive 9-bedroom, 3-bathroom property with a single garage and alleyway access offers incredible potential for development. Zoned MF4, this site is primed for multi-family development. And with a land assembly, up to 6 stories can be built. While the house itself is in poor condition and a tear down, an estimated renovation quote of $177,000 is available should you choose to restore the property. A detailed proposal can be shared upon request. Alternatively, the property could serve as a boarding home in its current state, if renovated. The seller has already prepared development plans for a triplex, featuring a duplex with rear access and a charming detached home at the front. Once built, the three units could be sold separately. Located in a highly sought-after and rapidly developing area, this property is just 450 meters from KGH. For even greater potential, consider combining with neighboring properties to pursue up to a 6-story development approval. Demolition costs are approximately $25,000 (with a quote available), and there is NO ASBESTOS on the premises. A pre-demolition inspection report is available to verify this. This is a prime location and lot, offering a wealth of opportunities for the savvy investor or developer. The appraisal of this property is $1.35 Million and a copy is attached in supplement. Pictures are of the completed product once constructed. (id:36863)

Property Details

Full Address:
2166 Aberdeen Street, Kelowna, British Columbia
Price:
$ 1,195,000
MLS Number:
10338668
List Date:
March 12th, 2025
Lot Size:
0.13 ac
Year Built:
1930
Taxes:
$ 4,645

Interior Features

Bedrooms:
9
Bathrooms:
3
Heating:
Baseboard heaters, Forced air, Electric, See remarks
Basement:
Full

Building Features

Architectural Style:
Bungalow
Storeys:
2
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco
Garage:
Street
Ownership Type:
Freehold
Taxes:
$ 4,645

Floors

Finished Area:
2367 sq.ft.

Land

Lot Size:
0.13 ac

Neighbourhood Features

Ratings

Commercial Info

Location

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