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1009 Hudson Road West Kelowna, British Columbia V1Z 1J2

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2968 sqft
Ranch Fireplace Central Air Conditioning, Heat Pump Forced Air, Heat Pump, See Remarks

$1,699,900

WEST KELOWNA DEVELOPMENT OPPORTUNITY: 8 UNIT POTENTIAL ON 0.34 ACRES NEAR TRANSIT. Premier development opportunity in West Kelowna's wine country with this 0.34-acre property, well positioned for an 8 residential project. Located on a corner lot with access from both Boucherie Road and Hudson Rd, the property aligns with recent legislative incentives for increased housing density near transit routes, enhancing its development potential. Currently, the site houses a 5-bedroom, 3-bathroom dwelling, split into a legal 2-bedroom basement suite and a 3-bedroom upstairs suite, generating an annual gross Revenue of $65,820. This revenue stream provides an excellent holding opportunity for investors or developers planning future projects. The flat terrain of the lot simplifies construction, and its strategic location in a burgeoning area, combined with the recent renovations to the existing structure, makes it an attractive proposition for those looking to invest in West Kelowna's growing housing market. This property offers a unique chance to contribute to the area's urban development while tapping into the lucrative potential of the region's real estate sector. (id:52811)

Property Details

MLS® Number 10302842
Property Type Multi-family
Neigbourhood Lakeview Heights
Features Irregular Lot Size, One Balcony
Parking Space Total 5
View Type View (panoramic)

Building

Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Washer
Architectural Style Ranch
Basement Type Full
Constructed Date 2002
Cooling Type Central Air Conditioning, Heat Pump
Exterior Finish Stucco
Fireplace Fuel Gas
Fireplace Present Yes
Fireplace Type Unknown
Flooring Type Carpeted, Laminate
Heating Fuel Electric
Heating Type Forced Air, Heat Pump, See Remarks
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 2
Size Interior 2968 Sqft
Type Multi-family
Utility Water Municipal Water

Parking

Attached Garage 2

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.34
Size Total 0.34 Ac|under 1 Acre
Size Total Text 0.34 Ac|under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/26436121/1009-hudson-road-west-kelowna-lakeview-heights