2997 Lowe Court | $1,793,500
Chris Town Agent Photo
Chris
Town
C. (250) 318-4106
P. (778) 765-1500
Phone Chris christown.evrealestate.com
ENGEL & VOLKERS KAMLOOPS
606 Victoria St
Kamloops, BC
Canada V2C 2B4

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

Chris Town was born and raised in Kamloops and has spent many years becoming familiar with the community and all it has to offer. He earned his real estate licence in 2008 and his managing broker licence in 2020. Since his first year in real estate, Chris has always had the passion to pursue greatness and be among the best in his field. 
It is this passion that led him to open his own brokerage, Engel & Volkers Kamloops, in 2019 with his brother and business partner, Matt. Since opening Engel & Volkers Kamloops, Chris has been able to enhance the experience he provides to his clients by using the brand’s many unique and intuitive tools. He takes pride in his commitment to his clients, as well as the positive office environment he has created for his fellow Advisors and his staff. 

When he’s not busy selling real estate, Chris can be found golfing, fishing, visiting Sun Peaks, and spending time with his lovely wife and two adorable sons!