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To-be-subdivided lot in the Lower Mission area! Lot size of 0.194 acres / 8,456.128 sq.ft., a frontage of 44.65 feet and depth of 138.81 feet, and all services at the lot line, this will be a great opportunity to create four townhomes under the new provincial rules in the most desirable area in Kelowna! The seller is currently going through the rezoning process to finalize the RU2 zoning, and will go through the subdivision to create two lots if desired by a purchaser; however, there is an option to purchase the current property with an existing home before the subdivision (See MLS 10348680) at a discount with the RU2 zoning in place, giving them upside on doing the development themselves. There is basic massing complete to show that all units should accommodate double car garages with between 1,755 and 2,343 sq ft of finished living space while allowing for ample green space and community aesthetics. Why do a small infill fourplex when you can do a fourplex project with more land, a better location, and flexible design layouts? This is one of two lots available post-subdivision, with the adjacent lot also for sale. See MLS 10348811 for lot A. (id:43014)
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Lower Mission real estate is considered by many to be the gem of Kelowna. Located on the east side of the Okanagan Lake, just south of Kelowna's downtown. This desirable area is home to some of Kelowna's best beaches, as well as many boutiques, cafes, banks, and medical offices. In the heart of the Lower Mission you'll find Pandosy Village: an area peppered with family run businesses and noticeably void of big box chain stores. The residential real estate market in the Lower Mission offers something for everyone, from town homes, condos, vacation rentals, gated communities, family homes, to luxurious multi-million dollar lakefront homes.
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