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1220 Ethel Street, Kelowna

Property Description

3 Home land assembly, must be sold with 1206 and 1216 Ethel street(total list price $4,499,000). Total assembly .45 Acres. Total rental income for all 3 properties $9680/m tenants all pay own Electric/gas. City has previously stated that they would support MF3/CA1. Assembly sits in a Core Neighbourhood area (C-NHD) and lines a Transit Supportive Corridor. Located in the mecca of downtown development, don't waver on this incredible opportunity to supply housing to an influx of: UBCO students, savvy investors, & city slickers eager to own a piece of Kelowna's urban revolution. 1 hour to Big White, 20 minutes to YLW international airport, 16 minutes to UBCO (along HWY 97) 2 minutes to the future downtown campus, & walking distance to groceries, shopping, restaurants, entertainment, parks, and beaches. Homes being sold ""as is where is."" Selling for LAND VALUE. Jump on this rare opportunity to secure your legacy & contribution to downtown Kelowna's evolving skyline. (id:43014)

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Full Address:
1220 Ethel Street, Kelowna, British Columbia
Price:
$ 1,400,000
MLS Number:
10310365
List Date:
April 18th, 2024
Neighbourhood:
Kelowna North
Lot Size:
0.15 ac
Taxes:
$ 4,462

Property Details

Interior Features

Sewer:
Municipal sewage system
Water:
Municipal water
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$ 4,462

Building Features

Floors

View:
City view, View (panoramic)
Lot Size:
0.15 ac
Water Frontage Type:
Other
Current Use:
Development residential
Road Type:
Paved road

Land

Neighbourhood Features

Ratings

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Agent: David Delorme

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3 Home land assembly, must be sold with 1206 and 1216 Ethel street(total list price $4,499,000). Total assembly .45 Acres. Total rental income for all 3 properties $9680/m tenants all pay own Electric/gas. City has previously stated that they would support MF3/CA1. Assembly sits in a Core Neighbourhood area (C-NHD) and lines a Transit Supportive […]
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1220 Ethel Street, Kelowna

Kelowna North/Downtown

Looking for a convenient place to call home, close to the action, the beach, great restaurants, shopping and more? Downtown Kelowna is the place for you. Kelowna North consists of Kelowna’s downtown. This is a great neighbourhood for those looking to live amongst the hustle and bustle of Kelowna. The area hosts some of Kelowna’s best restaurants and some fantastic shopping. City Centre Park offers some fantastic beaches and green spaces and is a frequent host to Kelowna’s many festivals and events. Kelowna North is a popular neighbourhood and has something for everyone. Much of Kelowna’s nightlife is concentrated in the downtown area, including pubs, movie theatres, live theatres, and much more. Kelowna North is also home to the Cultural District. The Cultural District is home to museums, art galleries, theatres and much more. You’ll find many older homes as well as newer condos, including the Madison, one of Kelowna’s most sought after condos. One of the most desirable features of this neighbourhood is walkability. Great locally owned shops and restaurants are just a short stroll away. Kelowna North is continuing to grow and is a great place for investors.

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