1225 Mountain Av - 1.275 ACRE RESIDENTIAL REDEVELOPMENT
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1225 Mountain Av - 1.275 ACRE RESIDENTIAL REDEVELOPMENT
1.28 Acres of Residential Land Offered at £1,214,410 in Kelowna, BC V1Y 7G9
Executive Summary
Approx. 1.275 acres or ±55,608 SF residential property identified as being within the OCP 2040 Core Area by the City of Kelowna. Currently zoned MF1 - Infill Housing, with room for densification on lot. Central location in a well-established residential neighbourhood. Potential holding income from the existing 5-bedroom & 3-bathroom single-family home until the property is ready for redevelopment. It is currently stated in the zoning bylaws, that the purpose of MF1 zoning is to provide a zone for infill development within the core area of the City (which the subject property is limiting development to 6 ground-oriented residential units or less. A potential for bare land stratification could allow for more units.
Property Facts
| Price | £1,214,410 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 1.28 AC |
| Price | £1,214,410 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.28 AC |
1 Lot Available
Lot
| Price | £1,214,410 | Lot Size | 1.28 AC |
| Price Per AC | £948,758 |
| Price | £1,214,410 |
| Price Per AC | £948,758 |
| Lot Size | 1.28 AC |
Approx. 1.275 acres or ±55,608 SF residential property identified as being within the OCP 2040 Core Area by the City of Kelowna. Currently zoned MF1 - Infill Housing, with room for densification on lot.
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Bike Score ®
Very Bikeable (70)
zoning
| Zoning Code | RU1 (Large Lot Housing / C-NHD) |
| RU1 (Large Lot Housing / C-NHD) |
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1225 Mountain Av - 1.275 ACRE RESIDENTIAL REDEVELOPMENT
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