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2997 Lowe Court | $1,793,500
Jenny Francisco Agent Photo
Jenny
Francisco
C. (250) 770-0199
 P. (250) 770-8671
 Phone Jenny www.jennyfranciscohomes.com
CENTURY 21 AMOS REALTY
104 - 383 Ellis Street
 Penticton, BC
 Canada V2A 4L8

Details

%
Years (35 year max)
Years



Address 2997 Lowe Court
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,793,500
Property TypeSingle Family - Detached
Bedrooms6
Bathrooms3
Half Baths0
Floor Space2058 Square Feet
Lot Size0.17 Acres
WaterfrontNo
Year Built1988
Taxes $4,390
Tax Year2023
MLS® #10303092

UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110, 206 BUILDABLE SQUARE FEET! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2987 Lowe Crt, 2977 Lowe Crt, 2922 Gordon Dr, 2930 Gordon Dr and 3010 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is within 400m of a Transit Exchange meaning parking requirements greatly reduced (Commercial and Universal Accessibility Parking only). Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Upcoming changes allow option to rezone to UC5. Gordon Drive is also a TRANSIT SUPPORTIVE CORRIDOR but with only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION, this parcel contains 4 of only 793 total lots being rezoned in the Transit Oriented Areas. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo).

Listed by COLDWELL BANKER HORIZON REALTY

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Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
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About

Representing Penticton and the South Okanagan homeowners and future

homeowners/investors, Jenny is committed to listening to her client’s needs and

using her negotiating skills to ensure a successful transaction.

Raised in Penticton, Jenny understands the numerous benefits of life in the

South Okanagan, with its four seasons to fully enjoy, she can attest that raising

her three daughters with her husband, is a wonderful place to raise a family.

Jenny has been doing property management for 34 years in the South

Okanagan and began her real estate career in 2007. Continuing to do both is

rewarding in assisting clients find their temporary or forever home. Jenny

specializes in residential and investment properties which go hand in hand with

her expertise in property management.

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