Sold 10/2024
2115 Richter Street | $760,000
Karrie Grewal Agent Photo
Karrie
Grewal
Crush Real Estate Group
C. (250) 462-4611
P. (778) 476-7778
Phone Karrie www.crushrealestate.ca
CHAMBERLAIN PROPERTY GROUP
104 - 399 Main Street
Penticton, BC
Canada V2A 5B7
Sold 10/2024

Details

%
Years (35 year max)
Years



Address 2115 Richter Street
AreaCentral Okanagan
Sub AreaKS - Kelowna South
State/ProvinceBritish Columbia
CountryCanada
Price$760,000
SoldOctober 2024
Property TypeSingle Family - Detached
Bedrooms1
Bathrooms1
Half Baths0
Floor Space932 Square Feet
Lot Size0.15 Acres
WaterfrontNo
Year Built1925
Taxes $3,036
Tax Year2023
MLS® #10321136

Exceptional investment opportunity in Kelowna's Transit Oriented Area, zoned MF4 on a flat .15-acre lot with back lane access. This prime location allows for up to 6 units or a 6-storey development when combined with neighboring properties. Boasting a maximum base density of 2.5 FAR, with a potential 0.3 FAR bonus for rental or affordable housing, the property sits within walking distance to beaches, Kelowna General Hospital, parks, shops, schools, transit, and bike trails. Currently hosting a charming 932 sq ft home with two bedrooms and one bathroom, it offers immediate live-in potential with substantial equity growth or a lucrative development opportunity in a rapidly expanding urban area. Perfect for developers or investors seeking a versatile project in a high-demand location.


Listed by ROYAL LEPAGE KELOWNA


Location

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