Brent Jones
Real Estate Professional
Questions? Call: 778-760-3959
MLS® 10277067 is as 2,364sqft House located at 1254 Sutherland Avenue, in Kelowna British Columbia. The property features 1 bedrooms, and 0.00 bathrooms.
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:6289)
| Avg. asking price | $1,292,148 |
| Price per sq. ft. | $701 |
| Median price | $1,000,000 |
| Number of homes for sale in Kelowna South | 221 |
| Number of homes for sale in Kelowna | 2085 |
| Avg. Days on Market | N/A |
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