James
Kerr
Kerr
P. (778) 622-3446
Phone James
Phone James
ENGEL & VOLKERS SOUTH OKANAGAN
467 Main Street
Penticton, BC
Canada V2A 5C4
467 Main Street
Penticton, BC
Canada V2A 5C4
Details
Address | 945 Rutland Road N |
Area | Central Okanagan |
Sub Area | RN - Rutland North |
State/Province | British Columbia |
Country | Canada |
Price | $2,995,000 |
Property Type | Residential Development |
Lot Size | 0.53 Acres |
Waterfront | No |
Taxes | $6,546 |
Tax Year | 2023 |
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
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