$699,999
3570 Old Okanagan Highway, West Kelowna V4T1P3
4 Beds
2.0 Bath
2,282 Sq Ft
Built 1925
Detached
Listed by: Royal LePage Kelowna.
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Description
An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:66934)
Location
Approximate location supplied by the listing data provider.
Features
Parking: Other, Rear, RV, Additional Parking
Parking Spaces: 6
Structure: House
Annual Taxes: $3,478
Lot Size: 0.17
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Single Family |
| Bedrooms | 4 |
| Bathrooms | 2.0 |
| Living Area | 2,282 sq ft |
| Lot Size | 0 sq ft |
| Year Built | 1925 |
| Stories | 3.0 |
| Parking | 6 spaces |
| Listing ID | 10395417 |
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