Pamela Hanson PREC* | 250-486-1119 (cell) | pamhanson@remax.net
Heather Smith Licensed Realtor | 250-486-7126 (cell) | hsmith@remax.net


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1220 Ethel Street Kelowna, British Columbia V1Y 2W5

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4 Bedroom 3 Bathroom 1350 sqft
Other Level

$6,699,999

THIS IS A LAND ASSEMBLY. It's comprised of 4 lots (1206, 1216, 1220, 1230 Ethel St) & the total list price is $6,699,999. See commercial listing (10273361). Approx rental income/month = +$15,425. All 4 lots are 0.15 acres (6,534 SF) = 0.60 acres (26,136 SF) total. 1220 Ethel St offers 44ft (13m) of frontage on Ethel St and 143ft (43m) of frontage (via 1206 Ethel) on Clement Ave (a TSC). Total perimeter of the 4 lots = 143' x 178'. Designated C-NHD in the OCP, situated along a TSC, potential rezoning to MF3/CA1, potential base density of 1.8 FAR with up to an additional 0.80 FAR in bonuses =max 2.6 FAR. Benefiting from frontage on Clement Ave (TSC), a developer can potentially BUILD UP TO 12 STOREYS. Located in the mecca of downtown development, don't waver on this incredible opportunity to supply housing to an influx of: UBCO students, savvy investors, & city slickers eager to own a piece of Kelowna's urban revolution. 1 hour to Big White, 20 minutes to YLW international airport, 16 minutes to UBCO (on University Way) 2 minutes to the future downtown UBCO campus, & walking distance to groceries, shopping, restaurants, entertainment, parks, and beaches. Sellers make no representation/warranties regarding details of the structures. Info on structures is not correct. Buyer to confirm details during due diligence. Selling for LAND VALUE. Jump on this rare opportunity to secure your legacy & contribution to downtown Kelowna's evolving skyline. (id:52811)

Property Details

MLS® Number 10273298
Property Type Single Family
Neigbourhood Kelowna North
Community Features Pets Allowed, Rentals Allowed
Features Level Lot
View Type City View, View (panoramic)
Water Front Type Other

Building

Bathroom Total 3
Bedrooms Total 4
Constructed Date 1934
Construction Style Attachment Detached
Half Bath Total 1
Size Interior 1350 Sqft
Type House
Utility Water Municipal Water

Land

Acreage No
Landscape Features Level
Sewer Municipal Sewage System
Size Frontage 44 Ft
Size Irregular 0.15
Size Total 0.15 Ac|under 1 Acre
Size Total Text 0.15 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Second Level Partial Bathroom Measurements not available
Second Level Full Bathroom Measurements not available
Second Level Bedroom Measurements not available
Second Level Bedroom Measurements not available
Main Level Bedroom Measurements not available
Main Level Primary Bedroom 1'0'' x 1'0''
Main Level Full Bathroom Measurements not available
Main Level Living Room 1'0'' x 1'0''
Main Level Kitchen 1'0'' x 1'0''

https://www.realtor.ca/real-estate/25547354/1220-ethel-street-kelowna-kelowna-north