Klassen
224 Bridge St, Po Box 880
Princeton, BC
Canada V0X 1W0
Details
Address | 1095 Monterey Court |
Area | Central Okanagan |
Sub Area | RS - Rutland South |
State/Province | British Columbia |
Country | Canada |
Price | $1,620,000 |
Property Type | Residential Development |
Lot Size | 0.41 Acres |
Waterfront | No |
Taxes | $5,733 |
Tax Year | 2022 |
MLS® # | 10303530 |
0.41 acre (17,860 SF) development site in Rutland with MF2 zoning. Development permit application already submitted for a 9-unit townhouse project. Well located in the Rutland core area neighborhood, at the end of a cul-de-sac near Springfield Rd and Rutland Rd South. Project conceptualized and designed by an experienced land development consultant with over a decade of experience managing and planning developments, including townhouse sites. DP Application submitted to the City of Kelowna in October 2023 for 9 residential 3-storey townhome units between 2 buildings. All 9 units offer 3 bedrooms, backyard patios, and double garages (7 units have side-by-side garages, 2 units have tandem garages). Design is well suited for a bare land strata and party-wall agreement (no strata fees for end users). No special Development Permits affect this site. Due diligence documents available upon a signed NDA include a Phase 1 ESA, Geotech Report, Site Survey, Architectural Plans, Landscape Plans and City of Kelowna Pre-Application Meeting Minutes. Holding income provided from the existing duplex on site (3 units). Option to acquire the holding company, which can eliminate the Property Transfer Tax. The neighboring property may also be available for sale.
Listed by UNISON HM COMMERCIAL REALTY
Location
About
As a CENTURY 21® Real Estate professional, I am dedicated to providing you with the highest quality service possible. My personal knowledge of the local Real Estate market is combined with the power of the CENTURY 21 brand - the most recognized name in Real Estate today.
Let me assist you in finding your dream home, in a neighbourhood that is right for you, and in the price range you want. Or if you are interested in selling a property, I also have the expertise to help you get the fastest sale possible and at the best price. Maybe you need to rent at the moment, I am a licensed property manager and can help you find a home to rent. If you are a homeowner I can assist you with renting your home to a qualified tenant.
I look forward to the opportunity of working for you!
Judy
1st Klass en Great Service!