Attention developers & investors! Here's an exceptional opportunity to acquire a strategic Land Assembly of three properties located at 1152 and 1202 Centennial Cr. along with 1210 Centennial Cr (separate listings), perfectly suited for a lucrative infill/townhouse development project. Zoning Potential: While the properties are currently zoned as RU4, the City of Kelowna Official Community plan supports MF1 (Multi Family) zoning in this area. However, interested buyers should note that achieving an MF2 zoning approval would require a formal application process. Opportunity for Rental Potential: The land assembly offers a mix of owner-occupied & tenanted spaces, making it an attractive option for those looking to leverage rental potential during the planning & development stages. Investors seeking rental income while preparing for their townhouse project are encouraged to inquire. With each property listed at $1,250,000, this exceptional land assembly opportunity is worth considering! (id:52800)
| MLS® Number | 10280927 |
| Property Type | Single Family |
| Neigbourhood | Glenmore |
| Bedrooms Total | 1 |
| Basement Type | Full |
| Constructed Date | 1959 |
| Construction Style Attachment | Detached |
| Exterior Finish | Stucco |
| Heating Type | Forced Air, See Remarks |
| Roof Material | Asphalt Shingle |
| Roof Style | Conventional |
| Stories Total | 2 |
| Size Interior | 2086 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 8 Ft |
| Size Irregular | 0.27 |
| Size Total | 0.27 Ac|under 1 Acre |
| Size Total Text | 0.27 Ac|under 1 Acre |
| Zoning Type | Unknown |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Ground Level | Primary Bedroom | 10 ft | 10 ft | 10 ft x 10 ft |
| Ground Level | Living Room | 16 ft | 14 ft | 16 ft x 14 ft |
| Ground Level | Kitchen | 10 ft | 8 ft | 10 ft x 8 ft |
https://www.realtor.ca/real-estate/25885058/1152-centennial-crescent-kelowna-glenmore
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Peter Berzins
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