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Two Lot Land Assembly Near Downtown Kelowna For Sale

Kelowna, British Columbia, Canada
Asking Price:
$2,180,000 (CAD)
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Incredible development opportunity located within walking distance of all downtown Kelowna has to offer. The two-title, 0.385 acre land assembly presents approximately 128 feet of frontage on Laurier Avenue. Located just off Gordon Drive on a transit supported corridor, the Properties offer core neighborhood future land use (C-NHD Urban Core) in the 2040 Official Community Plan identifying this location as potential for medium density housing (apartment).

The homes are comprised of four individual rental units with long term tenants in place offering revenue while moving through the development process. Buyers to confirm and satisfy themselves with development potential and requirements of the City of Kelowna for future land use.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Homes are comprised of four individual rental units with long term tenants in place offering revenue while moving through the development process

Location:

Located Near Downtown Kelowna with Potential for Redevelopment

Premises Details:

1025 Laurier Ave & 1033/1035 Laurier Ave

Size in square feet:
16,753
Planning Consent:

Buyers to confirm and satisfy themselves with development potential and requirements of the City of Kelowna for future land use.

Business Operation

Expansion Potential:

Potential for Redevelopment into Multi Family
Buyers to confirm and satisfy themselves with development potential and requirements of City of Kelowna for future land use.