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2997 Lowe Court | $1,793,500
Shannon Simpson* Agent Photo
Shannon
Simpson*
C. (250) 328-5138
 P. (250) 492-2266
 Phone Shannon https://www.simpsonsellspenticton.ca
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

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

Shannon Simpson epitomizes honesty, energy, hard work, and meticulous detail into every aspect of your real estate transaction. Having thirty years of sales and marketing experience in a variety of leadership roles across Canada, he is eager to bring his strong business background and negotiating skillset to every RE/MAX client he represents, both from a “sellers” and “buyers” perspective.

Before joining the RE/MAX team, Simpson held positions as Publisher & General Manager, Advertising Sales Director, Marketing Director, and Sales & Service Director. He prides himself on a keen ability to drive sales and customer satisfaction while helping his clients become more successful along the way. Communicator, strategic partnership leader, facilitator, and community advocate are words easily associated with Simpson in his daily work life. 

He jumped at the opportunity to join RE/MAX and their talented group of high-performing professionals. He is acutely aware of the dynamics and diversity that make up the very competitive Okanagan Valley real-estate landscape, having spent time in all three major cities of Penticton, Kelowna, and Vernon. He is committed to bringing the same level of professionalism, consistency, and passion to every client, customer, and sales associate he has the pleasure to work with.

Shannon is married to his wife Liza, and together they have three sons. He is an avid golf enthusiast and has spent many weekends over the past few years with Liza on the golf course watching the boys compete in golf tournaments across Western Canada.

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