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706 Rose Avenue Kelowna, British Columbia V1Y 5K2

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$1,948,000

INVESTOR AND DEVELOPER ALERT! 8 Lot, 1.208 Total Acres Land Assembly with MF4 Zoning, in the Transit Oriented Area, on the Transit Corridor. Allows for Commercial Retail Units on the ground level. Offering an aggregate sale price $14,626,000. All buildings within a 400 meter radius of the Kelowna General Hospital, measured from the epicenter, located at the center of Pandosy St and the causeway that goes across Pandosy St, are eligible for 6 storey apartments. Maximum Base Density is 2.5 FAR, with 0.3 FAR bonus available for purpose built rental or affordable housing. Maximum Site Coverage for all buildings is 65% coverage. Must be sold in Land Assembly with 2237 Richter St, 2243 Richter St, 2253 Richter St, 2257 Richter St, 2265 Richter St, 2277 Richter St, 2287 Richter St. (id:52811)

Property Details

MLS® Number 10317121
Property Type Vacant Land
Neigbourhood Kelowna South
Amenities Near By Park, Recreation, Schools, Shopping
Road Type Paved Road

Building

Type Other
Utility Water Municipal Water

Land

Access Type Easy Access
Acreage No
Current Use Development Residential
Fence Type Fence
Land Amenities Park, Recreation, Schools, Shopping
Sewer Municipal Sewage System
Size Irregular 0.18
Size Total 0.18 Ac|under 1 Acre
Size Total Text 0.18 Ac|under 1 Acre
Zoning Type Unknown

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Not Available
Sewer Available
Water Available

https://www.realtor.ca/real-estate/27049066/706-rose-avenue-kelowna-kelowna-south