Key Facts
- MLS® #: 10321136
- Property ID: SIRC2010995
- Property Type: Residential, Single Family Detached
- Year Built: 1925
- Bedrooms: 1
- Bathrooms: 1
- Parking Spaces: 4
- Listed By:
- Royal LePage Kelowna
Property Description
Exceptional investment opportunity in Kelowna's Transit Oriented Area, zoned MF4 on a flat .15-acre lot with back lane access. This prime location allows for up to 6 units or a 6-storey development when combined with neighboring properties. Boasting a maximum base density of 2.5 FAR, with a potential 0.3 FAR bonus for rental or affordable housing, the property sits within walking distance to beaches, Kelowna General Hospital, parks, shops, schools, transit, and bike trails. Currently hosting a charming 932 sq ft home with two bedrooms and one bathroom, it offers immediate live-in potential with substantial equity growth or a lucrative development opportunity in a rapidly expanding urban area. Perfect for developers or investors seeking a versatile project in a high-demand location. (id:39198)
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Location
2115 Richter Street, Kelowna, British Columbia, V1Y2N7 Canada
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