Development permit ready project! This 0.32 Acre empty lot is zoned RM3r and located in a very central location in southern Kelowna. Council approved plans for 18 rental apartment units (15 1-bdr units, 1 1-bdr + den and 2 2-bdr units). The current rental vacancy rate in Kelowna is 0.6 per cent, the lowest level in Canada. Only a few blocks off the highway, it is close to all amenities, shopping, schools, parks, and the hospital, and only minutes to the beach. Services to the lot line, flat site, house and foundation have been removed so no need for a demolition permit. Price includes approvals, architectural drawings, landscape plan, civil drawings, soil report, topo survey, etc. Also available to purchase as a fully built complex complete with a 3-floor, 18-unit residential apartment building. Building can begin construction right away. See MLS 10250395. Information package is available. (id:43014)