
Attention Investors / developers! Seize an unparalleled opportunity at this impressive 6,534 square foot corner lot, ideally situated in one of Downtown Kelowna's most desirable and rapidly revitalizing areas. With an MF1 zoning designation, this property is a prime canvas for multi-family residences, offering exceptional potential for your next project. The existing house and large detached garage offer immediate holding income as you plan your development, or can be a base for initial planning. This isn't just a property; it's a chance to capitalize on a fantastic investment in a vibrant, growth-oriented neighborhood that's currently experiencing an influx of new builds. You'll be just a short walk from the bustling downtown core, where you can enjoy an array of shopping, diverse dining, cultural experiences, and beautiful Okanagan Lake beaches, all with convenient public transit access. The upcoming UBCO campus is set to further enhance the area's appeal and future demand. The lot's strategic corner location, at the intersection of an alley, allows for access from three sides, presenting numerous versatile development opportunities. For added convenience, Kelowna International Airport (YLW) and Okanagan Lake are each only a short quick 15-20 minute drive, ensuring easy access to both travel and local recreation. Don't miss out on this exceptional chance to make your mark in a thriving community! (id:43014)
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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