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2987 Lowe Court | $1,974,000
Jonathan Wall* Agent Photo
Jonathan
Wall*
C. (604) 202-3771
 P. (778) 622-3446
 Phone Jonathan Jonathanwallrealestate.com
ENGEL & VOLKERS SOUTH OKANAGAN
467 Main Street
 Penticton, BC
 Canada V2A 5C4

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

Thank you for visiting and trusting me with one of your most important financial transactions. Choosing the right REALTOR® is more than just a matter of price. Match yourself with the right professional that will guide you through an incredibly complex and likely stressful time. Ask questions and understand their process and how much attention and focus they can provide you and your home. 

 

I have been actively involved in the real estate market for over 20 years with experience in property investment, renovations, and vacation rentals. After a long career in Management with the Vancouver Canucks, I am excited to relocate to the Okanagan and apply my extensive business and analytics experience as a Real Estate Advisor. I have a long history in the Okanagan and am proud to have helped create and run the YoungStars hockey tournament in Penticton since its inception and currently sit as the Chair of the Local Organizing Committee of the event. I currently do regular segments on Sportsnet Vancouver Radio as well, providing additional attention and scope to my marketing efforts.

 

“I want to provide an elevated level of service and use over 20 years of professional experience to help my clients live their Okanagan dream. I connect directly into the major markets in Canada through an extensive professional and personal network while being a proactive presence in the Okanagan community.”

 

With a passion for living in the Okanagan, I am ready to help with your home buying and selling needs and as a proud member of the Engel & Völkers South Okanagan family, I carry the core values of competence, exclusivity, and passion into everything I do.

 

Living in Peachland, I can generally be found on a baseball diamond or soccer field with my kids and enjoying the many Okanagan beaches and lakes, mountain biking and golf.

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"trading services" means any of the following services provided to or on behalf of a party to a trade in real estate:

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