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MLS® 10396885

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 2756 sqft
Garage 
Taxes $3,657
Days Active 1
Lot Size 0.14 Acres
Approx. Age 1947
Avg. Price Per Sqft $651
MLS® Number 10396885

Property Address: 424 Newsom Ave, Kelowna, BC, V1Y4Y2

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a prime development site in the heart of Kelowna's South Pandosy Urban Centre. Zoned UC5, this 6, 044 sq ft lot (79 x 76.5 ft) with laneway access is surrounded by new construction on all sides, with several neighbouring parcels already cleared and shovel ready, a clear signal of where this corridor is heading. UC5 zoning permits mixed-use development up to 8 storeys as of right, with density bonusing available up to 11 storeys. No rezoning required. The City of Kelowna has identified this node as a primary growth area under the 2040 OCP, making this an exceptionally well positioned holding for any developer or investor looking to enter one of BC's most active mid-size urban markets. Steps to Okanagan Lake, the Pandosy Village commercial strip, Kelowna General Hospital, and transit. The existing two storey home with pool generates income while you plan. Hold, assemble, or build. Land assembly potential exists with neighbouring properties. Opportunities like this in an established urban centre with this level of surrounding development activity are increasingly rare. (id:58753)Show Description
MLS® Number10396885
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
Basement
DrivewayOther, Street, Additional Parking
Garage Spaces
HeatForced air
A/CWall unit

Extras

Rooms

Show Details
Kitchen:Main Floor14 × 10.25 ft
Master Bedroom:Second Floor19.42 × 11.42 ft
Dining Room:Main Floor13.67 × 9 ft
Dining Room:Main Floor11 × 6 ft
Bedroom 1:Second Floor15.5 × 10.34 ft
Other:Second Floor11 × 8 ft
Living Room:Main Floor23.75 × 15 ft
Family Room:Main Floor19 × 15 ft
Other:Main Floor7.84 × 6.25 ft
Other:Second Floor7.5 × 7 ft

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