This 1.275-acre property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary plans indicate 16 units total including ten 3-bedroom townhouses and six 4-bedroom townhouses. The existing 2,496 SF, 5-bedroom, 3-bathroom single-family home can provide holding income until the property is ready for redevelopment. This is a large, peaceful lot tucked away in a residential neighbourhood, yet only a short walk to Bankhead Elementary School, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:4069)
| Address |
1225 Mountain Avenue |
| List Price |
$2,995,000 |
| Property Type |
Single Family |
| Type of Dwelling |
House |
| Area |
British Columbia |
| Sub-Area |
Kelowna |
| Bedrooms |
3 |
| Bathrooms |
3 |
| Floor Area |
2,996 Sq. Ft. |
| Lot Size |
1.28 Ac. |
| Year Built |
1975 |
| MLS® Number |
10271548 |
| Listing Brokerage |
RE/MAX Kelowna
|
| Postal Code |
V1Y7G9 |
| Features |
Irregular lot size |
| Building |
Water Street by the Park |
