2997 Lowe Court | $1,793,500
Sergej Sinicin* Agent Photo
Sergej
Sinicin*
C. (236) 300-2737
P. (833) 817-6506
Phone Sergej http://www.neuhouzz.ca
EXP REALTY
645 Main Street
Penticton, BC
Canada V2A 5C9

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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About

Sergej was born in Riga, Latvia.  At the young age of 16, he ventured out on his own and moved to Canada with only $200 in his pocket.  He later married a local girl from Saskatchewan and together they worked tirelessly to build and establish several successful businesses.  Destined for new beginnings, Sergej and his wife, Laura, capitalized and sold two of their companies in 2012, planning to retire in the heart of the beautiful Okanagan (Penticton) at an early age of 34.

Applying his "3-D" principles (Discipline/Desire/Dedication) along with his core values of integrity, accommodating the needs of his clients, and delivering “Above-and-Beyond” service, Sergej has been successful in all of his past business endeavors.

Sergej has a strong background in house construction, metal fabrication, sales, and marketing.  His fluency in English, Russian and Latvian has been supportive in his experience, allowing him to improve business relationships with foreign clients. Another one of Sergej's core values is to give back to the community, which led him to join a local volunteer Fire Department in 2013.  He is very passionate about this and feels fortunate to be a part of such an elite group of people.

The beautiful outdoors is one of the main reasons Sergej moved to the Okanagan with his family. In winter he enjoys carving through deep powder at Apex;  in summer you may find him on the water, behind a boat, enjoying a 'skookum wake' while surfing with friends and family.

Sergej Sinicin is a member of the Canadian Real Estate Association and subscribes to its strict Code of Ethics.