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2987 Lowe Court | $1,974,000
Kent Jorgenson Agent Photo
Kent
Jorgenson*
C. (250) 717-6579
 P. (250) 717-5000
 Phone Kent www.kentjorgenson.com
RE/MAX KELOWNA
100 - 1553 Harvey Avenue
 Kelowna, BC
 Canada V1Y 6G1

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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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

Kent Jorgenson of RE/MAX Kelowna provides buying and selling real estate services for Kelowna and the surrounding areas of Peachland, West Kelowna, Lake Country and Big White. Services offered in all aspects of Okanagan Real Estate including homes, townhomes, condominiums, multi-family, new construction, investment, lots, acreages, recreational, waterfront and luxury homes. Since 1995 Kent Jorgenson has remained a household name and a top producer for Real Estate Services in Kelowna and the surrounding areas. Re/max Kelowna remains the *#1 real estate office in Kelowna BC with a market share in excess of 30%. Re/max Kelowna strives to provide the best possible real estate services for Kelowna BC and the surrounding areas. Relocating to the area? Kent Jorgenson has been relocating families to Kelowna and the surrounding areas since 1995. Need help getting your property SOLD? Leverage his years of experience and marketing tools to get the job done. Kent would be pleased to take your call and share his insight and experience and to answer any questions that you might have about the market, good neighbourhoods, the selling process or any other real estate questions that you might have. You can reach him direct at: 250-717-6579 Toll free Canada wide at 1-866-229-2219 or send an email to kent@kentjorgenson.com
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