945 Rutland Road N | $2,995,000
James Kerr Agent Photo
James
Kerr
P. (778) 622-3446
Phone James
ENGEL & VOLKERS SOUTH OKANAGAN
467 Main Street
Penticton, BC
Canada V2A 5C4

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Address 945 Rutland Road N
AreaCentral Okanagan
Sub AreaRN - Rutland North
State/ProvinceBritish Columbia
CountryCanada
Price$2,995,000
Property TypeResidential Development
Lot Size0.53 Acres
WaterfrontNo
Taxes $6,546
Tax Year2023
MLS® #10304261

RUTLAND DEVELOPMENT PROPERTY located on the TRANSIT SUPPORTIVE CORRIDOR!! This .53 acre (23,035 SF) site with LANE ACCESS was originally planned for a townhouse development but the City has indicated that MF3 (Apartment Housing) would be the most appropriate zone with the potential for up to 6 stories and base density of 1.8 FAR with additional bonuses available. The current zoning is MF2 (Townhouse Housing) and the 2040 OCP is C-NHD (Core Area Neighborhood). This is as close to a turn key development opportunity as it gets!!


Listed by ROYAL LEPAGE KELOWNA


Location

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Data Source: Statistics Canada
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