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Kris
Mclaughlin Prec*
Mclaughlin Prec*
RE/MAX KELOWNA
100 - 1553 Harvey Avenue
Kelowna, BC
Canada V1Y 6G1
100 - 1553 Harvey Avenue
Kelowna, BC
Canada V1Y 6G1
Details
Address | 1225 Mountain Avenue |
Area | Central Okanagan |
Sub Area | GL - Glenmore |
State/Province | British Columbia |
Country | Canada |
Price | $2,200,000 |
Property Type | Residential Development |
Lot Size | 1.28 Acres |
Waterfront | No |
Taxes | $5,311 |
Tax Year | 2022 |
MLS® # | 10322785 |
Approx. 1.275 acres or ±55,608 SF residential property identified as being within the OCP 2040 Core Area by the City of Kelowna. Currently zoned MF1 - Infill Housing, with room for densification on lot. Central location in a well-established residential neighbourhood. Potential holding income from the existing 5-bedroom & 3-bathroom single-family home until the property is ready for redevelopment. It is currently stated in the zoning bylaws, that the purpose of MF1 zoning is to provide a zone for infill development within the core area of the City (which the subject property is limiting development to 6 ground-oriented residential units or less. A potential for bare land stratification could allow for more units.
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