Jody Andrews
Referral Partner
Questions? Call: (778) 760-9020
Exciting Opportunity in the new MF4 Zoning! The owner is well into a Development Permit process for a 5-story building and now with new MF4 zoning this can now be mixed use commercial (main floor) and residential of up to 6 stories total, and minimal parking. Permitted density will be 2.5 F.A.R. or 26,853 sqft Very impressive preliminary plans available. Commercial will be permitted on the main floor. Two properties have been amalgamated to one title. The holding period can be profitable with excellent steady monthly income of approximately $10,000 attainable from the International Hostel ($6,000/month) and detached 3+2 bedroom home ($4,000/month). The Hostel can also be operated for much higher income and hostel revenue in the summer months ranges from $25k to $35k. (id:6289)
| Avg. asking price | $1,008,100 |
| Price per sq. ft. | $745 |
| Median price | $778,900 |
| Number of homes for sale in Kelowna North | 287 |
| Number of homes for sale in Kelowna | 2099 |
| Avg. Days on Market | N/A |
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Kelowna, British Columbia
Right In The Heart Of The City ! Bring Your Plans To City Of Kelowna And Start Your Condo Project! Already Zoned Uc3, Property On Vasile Road , Directly Behind Orchard Plaza Shopping Center And Just Off Hwy 97n Property Has A Home On It ...(more)
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Kelowna, British Columbia
Fully Leased Standalone Building Located Downtown Kelowna. Extensive Renovations Completed To The Second Floor And Exterior. Pharmacy Tenant On Main Floor | Shared Workspace On 2nd Floor. 2 Storey Temperature Controlled Vault. Size Is Appro ...(more)
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Kelowna, British Columbia
Opportunity For Investors And Developers 2 Lots ""land Assembly"" 077 Acres, 33541.12 Sqf Development Site For 19 Units Townhomes Site In One Of The Most Desirable Areas Of Kelowna, Close To All Amenities The New Ocp Zoning For Multi-family ...(more)
