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545 Froelich Road Kelowna, British Columbia V1X 3M7

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2085 sqft
No Heat

$1,899,888

OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to USC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd and 425 Leathead Rd. (MLS 10303540) (id:52811)

Property Details

MLS® Number 10303615
Property Type Multi-family
Neigbourhood Rutland North

Building

Constructed Date 1975
Heating Type No Heat
Stories Total 1
Size Interior 2085 Sqft
Type Multi-family
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Municipal Sewage System
Size Irregular 0.22
Size Total 0.22 Ac|under 1 Acre
Size Total Text 0.22 Ac|under 1 Acre
Zoning Type Unknown

https://www.realtor.ca/real-estate/26475158/545-froelich-road-kelowna-rutland-north