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2261 Burnett Street | $1,499,900
Philip Fox* Agent Photo
Philip
Fox*
P. (250) 492-2266
 Phone Philip https://www.instagram.com/pentictonrealestate/
RE/MAX PENTICTON REALTY
302 Eckhardt Avenue West
 Penticton, BC
 Canada V2A 2A9

Details

%
Years (35 year max)
Years



Address 2261 Burnett Street
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,499,900
Property TypeResidential Development
Lot Size0.20 Acres
WaterfrontNo
Taxes $5,546
Tax Year2023
MLS® #10309668

2261 Burnett is ONE lot out of a potential THREE lot assembly in Kelowna's Health District. This property has an original home that could be suited, as well as a carriage home in the back, so there is income potential for a buyer looking for a fantastic development project. According to the City of Kelowna website, the value of property located around the hospital area in the health centre zone is influenced by several factors, such as: - The proximity to Kelowna General Hospital. - The availability of health services and related businesses in the area, which create a high demand for office, retail, and residential space. - The designation of the area as a Core Area-Health District (C-HTH) in the 2040 Official Community Plan (OCP), which supports the development of a vibrant health district that integrates hospital-related services with the surrounding neighbourhoods. - The potential for future growth and redevelopment in the area, as guided by the Hospital Area Plan, the 2040 OCP, and the 2040 Transportation Master Plan. Some of the information provided in this listing is based in part by advice and visuals obtained from IHS Design. They have suggested that, based on a 3 lot assembly proposed site area of 0.63 acres, there is 6 storey building height potential and a maximum FAR = 1.8 (approx 4572 sq m/49,212 sq ft).

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

Fox & Fox is a family team of Licenced Realtors working and living in the beautiful South Okanagan. Started by Len Fox in 1982, the team has expanded with the family over the years to include Philip Fox licenced since 2002, Diane Fox since 2006, and Stephen Fox since 2016. Len has since retired his licence but is an active consulting team member. Born and raised in Penticton we are all now raising our own families here and working to help our clients do the same. We specialise in new construction sales (condos, townhouses & single family homes) vineyards & wineries, commercial leases and sales & residential sales of every kind. If you are looking to buy/sell/lease in the South Okanagan let us put our local expertise to work for you. 

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