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1225 Mountain Avenue | $2,200,000
Stephen Janzen PREC * Agent Photo
Stephen
Janzen PREC *
C. (250) 460-6677
 P. (250) 493-2244
 Phone Stephen stewartgrouprealty.ca
ROYAL LEPAGE LOCATIONS WEST
484 Main Street
 Penticton, BC
 Canada V2A 5C5

Details

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Address 1225 Mountain Avenue
AreaCentral Okanagan
Sub AreaGL - Glenmore
State/ProvinceBritish Columbia
CountryCanada
Price$2,200,000
Property TypeResidential Development
Lot Size1.28 Acres
WaterfrontNo
Taxes $5,311
Tax Year2022
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.

Listed by RE/MAX KELOWNA

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Data Source: Statistics Canada
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