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987 Lawrence Avenue, Kelowna

Property Description

300 FOOT WIDE ASSEMBLY. Unlock Unmatched Potential: Prime LAND ASSEMBLY for Premium Development! This 4-lot assembly on Lawrence Avenue, just across from the Mediterranean Market, spans 1-ACRE+ and is listed for $13,312,000. It is currently zoned MF1, with the potential to re-zone. This could allow options for a multi-family residential building with commercial space on the ground floor. Situated in a highly sought-after central downtown area, close to Capri Mall, and located in a quiet residential neighborhood, this property offers excellent accessibility to key amenities, making it a premium development prospect. Note: This assembly to be purchased along with the other properties in the land assembly, which include 1009 Lawrence Avenue, 1023 Lawrence Avenue, and 1001 Lawrence Avenue. (id:43014)

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Full Address:
987 Lawrence Avenue, Kelowna, British Columbia
Price:
$ 3,676,000
MLS Number:
10322065
List Date:
August 15th, 2024
Neighbourhood:
Kelowna North
Lot Size:
0.27 ac
Year Built:
1910
Taxes:
$ 7,710

Property Details

Bedrooms:
5
Bathrooms:
5
Appliances:
Washer, Refrigerator, Range - Electric, Dryer
Flooring:
Hardwood, Vinyl
Air Conditioning:
Central air conditioning
Heating:
Forced air
Fireplaces:
1
Fireplace Type:
Wood, Conventional
Basement:
Partial

Interior Features

Storeys:
2.5
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Exterior:
Brick, Wood siding
Garage:
Detached Garage, See Remarks
Garage Spaces:
5
Ownership Type:
Freehold
Taxes:
$ 7,710

Building Features

Finished Area:
4052 sq.ft.

Floors

Lot Size:
0.27 ac

Land

Neighbourhood Features

Ratings

Commercial Info

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Agent: Todd KaraimOffice: Royal LePage Kelowna

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300 FOOT WIDE ASSEMBLY. Unlock Unmatched Potential: Prime LAND ASSEMBLY for Premium Development! This 4-lot assembly on Lawrence Avenue, just across from the Mediterranean Market, spans 1-ACRE+ and is listed for $13,312,000. It is currently zoned MF1, with the potential to re-zone. This could allow options for a multi-family residential building with commercial space on […]
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987 Lawrence Avenue, Kelowna

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Kelowna North/Downtown

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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