2237 Richter Street | $1,778,000
Nik Roughton Prec* Agent Photo
Nik
Roughton Prec*
COLDWELL BANKER EXECUTIVES REALTY
3405 27 St
Vernon, BC
Canada V1T 4W8

Details

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Years (35 year max)
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Address 2237 Richter Street
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$1,778,000
Property TypeResidential Development
Lot Size0.15 Acres
WaterfrontNo
Taxes $4,334
Tax Year2024
MLS® #10317112

INVESTOR AND DEVELOPER ALERT! 8 Lot, 1.208 Total Acres Land Assembly with MF4 Zoning, in the Transit Oriented Area, on the Transit Corridor. Allows for Commercial Retail Units on the ground level. Offering an aggregate sale price $14,626,000. All buildings within a 400 meter radius of the Kelowna General Hospital, measured from the epicenter, located at the center of Pandosy St and the causeway that goes across Pandosy St, are eligible for 6 storey apartments. Maximum Base Density is 2.5 FAR, with 0.3 FAR bonus available for purpose built rental or affordable housing. Maximum Site Coverage for all buildings is 65% coverage. Must be sold in Land Assembly with 2243 Richter St, 2253 Richter St, 2257 Richter St, 2265 Richter St, 2277 Richter St, 2287 Richter St, 706 Rose Ave.


Listed by REALTY ONE REAL ESTATE LTD


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Data Source: Statistics Canada
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