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2987 Lowe Court | $1,974,000
Mathew Lewis Agent Photo
Mathew
Lewis
C. (250) 809-1893
P. (250) 498-6500
Phone Mathew http://www.winecapitalrealty.com
RE/MAX WINE CAPITAL REALTY
444 School Avenue, Box 220
Oliver, BC
Canada V0H 1T0

Details

%
Years (35 year max)
Years



Address 2987 Lowe Court
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,974,000
Property TypeSingle Family - Detached
Bedrooms5
Bathrooms3
Half Baths0
Floor Space1872 Square Feet
Lot Size0.19 Acres
WaterfrontNo
Year Built1990
Taxes $4,334
Tax Year2023
MLS® #10303070

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 2997 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

Mathew had always showed an interest in entrepreneurial activities and has a natural attraction to real estate. First Licensed in 2003, lots has changed in the real estate industry in British Columbia. In 2005 Mathew graduated with his Undergraduate Degree from the University of British Columbia.  Mathew’s upbringing in the real estate industry has been one he has been around his entire life. A year after graduating University, Mathew and his mother Karen, founded RE/MAX Wine Capital Realty in downtown Oliver, BC in 2006. It is now the largest real estate company in Oliver and specializes in all facets of Real Estate including Property Management, Strata Management and of course, Real Estate Sales and Marketing.  Mathew is driven and a sales leader: He prides in meeting and exceeding expectations and pushing the marketing envelope for both his customers and his brokerage. 16 years later, (2019) Mathew has been involved in the sale over a thousand of properties including residential, commercial, business, industrial and farming opportunities. Mathew has been fortunate enough to be a recipient of internationally recognized sales achievement awards for EVERY Year since 2005 in the Re/MAX International System.  No Job is too big or small! In 2009, Mathew also obtained his Real Estate Broker’s Management License. In 2014 Mathew obtained the RE/MAX International Director's Platinum Award-- granted to less than 5% of all RE/MAX Agents WORLDWIDE-- Not Just in Canada! Recently in 2019, Mathew was awarded the Coveted RE/MAX Lifetime Achievement Award at the Re/MAX International Convention in Las Vegas, NV. 

Mathew enjoys glam-ping (fancy camping), fishing, hunting, cooking and the great outdoors. Mathew loves to help out his community any way that he can. He is actively involved in the South Okanagan Sportsmen's Association as a director where he teaches the Outdoor Safety Program administered by the Province of BC on behalf of the BC Wildlife Federation. Mathew has just celebrated his 13th Wedding Anniversary with his wife, Jodie. Mathew and Jodie have two wonderful children-- the purpose in his life: Ripley aged 5 and Adrianna, 3. Mathew and his family live in Oliver and love it! 

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