Key Facts
- MLS® #: 10321028
- Property ID: SIRC2219754
- Property Type: Residential, Other
- Lot Size: 1.70 ac
- Listed By:
- Unison HM Commercial Realty
Property Description
Incredible opportunity to purchase a ready-to-implement, rental apartment housing development opportunity in the highly sought after Glenmore community! The property is located in the established neighbourhood next to Knox Mountain Recreation Area (950 acres). Close proximity to Downtown, schools and Landmark Business district. Conceptual plan for 108 unit rental apartment project with underground parking stalls. MF3r rental apartment house zoning now in place. Development Permit currently pending. Property will be graded flat prior to completion. Priced at 9,175,000 (land value in August 2023 Appraisal) with DP approved plans. A Buyer merely needs to secure their “capital stack” to move forward with this project.
Listing Agents
Request More Information
Request More Information
Location
1402 Cara Glen Court, Kelowna, British Columbia, V1V 1A5 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0