.35 acre property with MULTI-FAMILY POTENTIAL. Preliminary discussions with city shows support for MF1 or MF2 zoning potential. There are multifamily developments already on 2 adjacent sides of the property. 15,246 sq ft property equates to $65/sq ft. There's a beautifully updated home. 3 bedrooms on the main and a self contained 2 bedroom suite on the lower level. The house would bring in excellent revenue while going through the development process with the City. This is an amazing opportunity for a small developer and an extremely attractive price point. (id:43014)
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Black Mountain is a family-friendly neighbourhood named for it’s dark, rich, volcanic soil. It’s elevated location provides marvelous views of both the valley and Okanagan lake, just 10 minutes from Downtown Kelowna. The Black Mountain neighbourhood offers the best of all worlds and a mix of established neighbourhoods and new developments on some of Kelowna’s most sought-after locations.
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