Ragsdale
P.o. Box 434
Salmon Arm, BC
Canada V1E 4N6
Details
Address | 2115 Richter Street |
Area | Central Okanagan |
Sub Area | KS - Kelowna South |
State/Province | British Columbia |
Country | Canada |
Price | $760,000 |
Property Type | Single Family - Detached |
Bedrooms | 1 |
Bathrooms | 1 |
Half Baths | 0 |
Floor Space | 932 Square Feet |
Lot Size | 0.15 Acres |
Waterfront | No |
Year Built | 1925 |
Taxes | $3,036 |
Tax Year | 2023 |
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
About
I take pride in hard work, being accountable, and providing excellent customer service based on honesty and professionalism. Combined with the great support of the team at Royal LePage Access Real Estate, I will earn your trust as the go to Realtor here in Salmon Arm.