Unlock the potential of this versatile property in Kelowna, designed to support both immediate rental opportunities and extensive development. Zoned UC2 within the 2040 OCP's Capri Core neighbourhood, this site is approved for up to 12-storey developments, offering a remarkable chance for growth. First-time buyers will find this property especially attractive due to its dual-suite configuration—featuring a legal 3-bedroom suite upstairs and a 2-bedroom suite downstairs—providing a valuable mortgage helper. This setup not only helps in managing mortgage payments but also in building equity while planning future developments. The property promises reliable income generation, making it an excellent buy-and-hold opportunity. Buyers should verify with the city to ensure the property suits their specific needs. (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
3
Total Area
2,225 ft2
Listing Contract Date
2024-04-26
Municipal ID
003-014-282
Ownership Type
Freehold
# of Parking Spaces
4
Property Type
Single Family
Transaction Type
For sale
Waterfront Type
Waterfront on creek
Zoning
Unknown
Building
Constructed Date
1940
Construction Style (Attachment)
Detached
Heating Type
Forced air
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Second level
15'1'' x 14'1''
Dining room
Second level
10'2'' x 10'8''
Bedroom
Second level
11'4'' x 12'
Primary Bedroom
Second level
12'3'' x 12'1''
Kitchen
Second level
11'3'' x 12'2''
Bedroom
Second level
7'2'' x 12'1''
4pc Bathroom
Second level
9'4'' x 7'4''
Storage
Main level
3'1'' x 12'7''
Utility room
Main level
4'10'' x 10'2''
Living room
Main level
13'2'' x 14'1''
Kitchen
Main level
14'10'' x 12'5''
Bedroom
Main level
16'3'' x 12'2''
4pc Bathroom
Main level
6'2'' x 7'4''
Storage
Main level
3'1'' x 12'10''
Primary Bedroom
Main level
12'9'' x 14'1''
Laundry room
Main level
6'2'' x 2'8''
Dining room
Main level
10'10'' x 7'3''
4pc Ensuite bath
Main level
5'4'' x 7'11''
Land
Total Size
0.16 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.16
Surface Water
Creeks
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