Prime Development Opportunity in the Heart of the City! This .17 Acre Single-Family Property is Currently Zoned MF1 with Lane Access. With the Adjacent Property (1905 Bowes) also Available for Acquisition, the Possibility of Combining Both Parcels Opens Doors to the Opportunity of MF2 Zoning, Allowing for Increased Density and Maximizing the Development Potential. The Property has a Well-Maintained Existing Home that Offers Immediate Rental Income while Strategic Development Plans are Put in Motion. Nestled in a Thriving Area of Town, this Development Site Benefits from the City's Support for Higher Density Zoning, Aligning Perfectly with the Area's Evolving Urban Landscape. With Close Proximity to Amenities, Schools, and Recreational Facilities, this Location Provides an Unparalleled Lifestyle for Future Residents. (id:2493)
Data was last updated December 11, 2023 at 03:45 AM (UTC)
Area Statistics
Listings on market:
122
Avg list price:
$874,450
Min list price:
$296,000
Max list price:
$6,500,000
Avg days on market:
99
Min days on market:
3
Max days on market:
251
Avg price per sq.ft.:
$606.12
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
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