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1349-1359 Pridham, 1358 Sutherland Avenue, Kelowna, British Columbia V1Y 6B3

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$4,799,997

Opportunity for three (3) homes land assembly (1349 Pridham Ave, 1359 Pridham Ave, and 1358 Sutherland Ave) with solid rental income plus future upside as increased density multifamily development. 0.64 Acres (27878.40 SF) land assembly, 3 different titles. Located in the Capri Center Redevelopment corridor. This property comes under Urban Centre (UC) Zoning which allows 6 story apartments, Townhomes/apartment combo. Close proximity to all major amenities, grocery stores, schools, restaurants, Kelowna downtown, and easy access to Highway 97. Currently, all 3 homes are generating great rental revenue to provide holding capacity while working on the development plan. (1339 Pridham, total site increased to 0.85 acres / 37,026 Sq. Ft.) is also available for a larger assembly as shown in the photo with green outline. (id:52811)

Property Details

MLS® Number 10281210
Property Type Vacant Land
Neigbourhood Springfield/Spall
Amenities Near By Golf Course, Recreation, Shopping, Airport, Ski Hill, Schools, Park, Public Transit
Features Central Location, Flat Site
Road Type Paved Road

Building

Constructed Date 1962
Exterior Finish Brick, Stucco
Roof Material Asphalt Shingle
Roof Style Conventional
Utility Water Municipal Water

Land

Access Type Easy Access, Highway Access
Acreage No
Current Use Development Residential
Land Amenities Golf Course, Recreation, Shopping, Airport, Ski Hill, Schools, Park, Public Transit
Sewer Municipal Sewage System
Size Irregular 0.64
Size Total 0.64 Ac|under 1 Acre
Size Total Text 0.64 Ac|under 1 Acre

https://www.realtor.ca/real-estate/25903686/1349-1359-pridham-1358-sutherland-avenue-kelowna-springfieldspall