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2987 Lowe Court | $1,974,000
Scott Jenvey Agent Photo
Scott
Jenvey
Jenvey Shay & Associates
 C. (250) 808-6240
 P. (250) 469-9547
 Phone Scott https://scottjenvey.com
SOTHEBY'S INTERNATIONAL REALTY CANADA
104 - 3477 Lakeshore Rd
 Kelowna, BC
 Canada V1W 3S9

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

DEDICATED. RESOURCEFUL. KNOWLEDGEABLE 

Scott is a distinguished real estate professional specializing in the luxury market across the Okanagan Valley. With an unmatched ability to showcase exceptional properties, he employs cutting-edge marketing techniques that enhance visibility and boost appeal for every listing. A Certified Luxury Home Marketing Specialist (CLHMS™), Seniors Real Estate Specialist (SRES®), Resort and Second Home Specialist (RSPS), and Certified International Property Specialist (CIPS), Scott brings a comprehensive skill set to the table.

His unique background in municipal engineering and geographic information systems allows him to offer strategic, data-driven advice tailored to each client’s specific needs. As a key member of Sotheby’s International Realty, Scott leverages the brand’s global reach to ensure his properties receive maximum exposure and achieve optimal sales outcomes. His meticulous attention to detail, coupled with a deep understanding of the Okanagan landscape, ensures that every client’s experience is personalized and results-driven.

Whether you are a first-time homebuyer, looking to sell a cherished home, or investing in new opportunities, Scott is committed to guiding you with clear, informed, and effective strategies, ensuring a smooth and successful real estate journey.

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