Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:52800)
| MLS® Number | 10277067 |
| Property Type | Single Family |
| Neigbourhood | Kelowna South |
| Community Features | Pets Allowed, Rentals Allowed |
| Bedrooms Total | 1 |
| Constructed Date | 1960 |
| Construction Style Attachment | Detached |
| Size Interior | 2364 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 75 Ft |
| Size Irregular | 0.21 |
| Size Total | 0.21 Ac|under 1 Acre |
| Size Total Text | 0.21 Ac|under 1 Acre |
| Zoning Type | Unknown |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 1'0'' x 1'0'' | ||
| Main Level | Kitchen | 1'0'' x 1'0'' | ||
| Main Level | Primary Bedroom | 1'0'' x 1'0'' |
https://www.realtor.ca/real-estate/25714894/1254-sutherland-avenue-kelowna-kelowna-south
Contact us for more information
Mark Coons
Personal Real Estate Corporation
Maddie Coons
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