Opportunity for re-development in the Capri Centre corridor. The City OCP currently supports multi-family re-development up to 6 stories, with a possibility of higher density. Currently the property has a solid 4 bedroom 2 bath income-generating home with $3900 total monthly rent, Main house $2500 plus utilities and Lower level $1400 including utilities. 75 X 125 lot with close proximity to all amenities, grocery store, restaurants, downtown, and easy access to Highway 97. (id:43014)
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This area is all about location, location, location! Close to shopping, medical services and halfway between downtown and Orchard Park Mall, Springfield/Spall has an excellent walk score and there are many public transportation routes in the area. This is a mature neighbourhood with some redevelopment happening in the area now as some parts are becoming higher density. Kelowna’s technology hub is situated here and there is an energetic and vibrant vibe here.
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