$2,200,000 FOR SALE

Land

1225 Mountain Avenue
Kelowna, BC V1Y 7G9 | Glenmore

Approx. 1.275 acres or ±55,608 SF residential property identified as being within the OCP 2040 Core Area by the City of Kelowna. Currently zoned MF1 - Infill Housing, with room for densification on lot. Central location in a well-established residential neighbourhood. Potential holding income from the existing 5-bedroom & 3-bathroom single-family home until the property is ready for redevelopment. It is currently stated in the zoning bylaws, that the purpose of MF1 zoning is to provide a zone for infill development within the core area of the City (which the subject property is limiting development to 6 ground-oriented residential units or less. A potential for bare land stratification could allow for more units. (id:47423)

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Listed By RE/MAX Kelowna
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10322785
Last Updated Aug 30, 2024
Property Summary
Property Type Land

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Neighbourhood Glenmore
Price History
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Detailed Information
Listing Contract Date 2024-08-30
Municipal ID 005-732-344
Ownership Type Freehold
Property Type Vacant Land
Road Paved road
Transaction Type For sale
Zoning Unknown
Building
Type Other
Utility Water Municipal water
Utilities
Type Description
ElectricityAvailable
Land
Total Size 1.28 acres
Acreage Yes
Current Use Development residential
Size of Irregular Land 1.28

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