Attention Developers: This rare and unparalleled offering, straddling the line between the North end of Kelowna and Glenmore, presents a 4-lot land assembly with a remarkable 190 feet of prime frontage along a Transit Supportive Corridor. The MF3 zoning allows for enhanced density potential, perfectly aligning with Kelowna’s progressive urban growth strategy. Key Features: •Strategic Location: Situated in a very unique location, this assembly enjoys unmatched proximity to transit, amenities, and Kelowna’s downtown core. •Dual Street Access: Enhanced functionality with two street frontages, providing superior site flexibility and improved parking solutions for developments •Density Advantage: Transit corridor designation boosts development potential, positioning this property as a cornerstone for high-demand projects •Exclusive Opportunity: As the sole assembly opportunity in this coveted area, this property offers a competitive edge for forward-thinking developers •Expansion Potential: Additional lots have suggested they would join the assembly for even more density and additional street access •Rental Revenue: Additional rental income from rental suites or full duplexes on the lots allows a developer to cover carrying costs This offering is strictly for qualified developers who understand the potential of this development. For further details and confidential discussions, contact your agent. Don’t miss your chance to shape the future of Kelowna’s North End (id:2493)
Data was last updated December 30, 2024 at 03:45 PM (UTC)
Area Statistics
Listings on market:
96
Avg list price:
$1,404,800
Min list price:
$329,000
Max list price:
$15,950,000
Avg days on market:
83
Min days on market:
6
Max days on market:
333
Avg price per sq.ft.:
$660.32
These statistics are generated based on the current listing's property type
and located in
Glenmore. Average values are
derived using median calculations.
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