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706 Rose Avenue, Kelowna

Property Description

INVESTOR AND DEVELOPER ALERT! 8 Lot, 1.208 Total Acres Land Assembly with MF4 Zoning, in the Transit Oriented Area, on the Transit Corridor. Allows for Commercial Retail Units on the ground level. Offering an aggregate sale price $14,626,000. All buildings within a 400 meter radius of the Kelowna General Hospital, measured from the epicenter, located at the center of Pandosy St and the causeway that goes across Pandosy St, are eligible for 6 storey apartments. Maximum Base Density is 2.5 FAR, with 0.3 FAR bonus available for purpose built rental or affordable housing. Maximum Site Coverage for all buildings is 65% coverage.Must be sold in Land Assembly with 2237 Richter St, 2243 Richter St, 2253 Richter St, 2257 Richter St, 2265 Richter St, 2277 Richter St, 2287 Richter St. (id:43014)

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Full Address:
706 Rose Avenue, Kelowna, British Columbia
Price:
$ 1,948,000
MLS Number:
10316092
List Date:
June 15th, 2024
Neighbourhood:
Kelowna South
Lot Size:
0.18 ac
Year Built:
1945
Taxes:
$ 5,120

Property Details

Bedrooms:
3
Bathrooms:
1
Flooring:
Laminate, Carpeted, Vinyl
Heating:
Forced air, See remarks
Basement:
Crawl space

Interior Features

Storeys:
1
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Stucco, Wood siding
Garage:
Detached Garage, Oversize, See Remarks
Garage Spaces:
8
Ownership Type:
Freehold
Taxes:
$ 5,120

Building Features

Finished Area:
1020 sq.ft.

Floors

Lot Size:
0.18 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Clifford MayOffice: Realty One Real Estate Ltd

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INVESTOR AND DEVELOPER ALERT! 8 Lot, 1.208 Total Acres Land Assembly with MF4 Zoning, in the Transit Oriented Area, on the Transit Corridor. Allows for Commercial Retail Units on the ground level. Offering an aggregate sale price $14,626,000. All buildings within a 400 meter radius of the Kelowna General Hospital, measured from the epicenter, located […]
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706 Rose Avenue, Kelowna

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Kelowna South

Central location, inviting atmosphere, and a variety of real estate options make Kelowna South one of the most sought-after neighbourhoods in all of Kelowna. Beaches, greenspaces, restaurants, entertainment, schools, you name it and you can find it in this historic Kelowna Neighbourhood, usually within walking distance!

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