1089-1097 Clement Avenue, Kelowna, British Columbia V1Y7E3

Listing courtesy of RE/MAX Kelowna.

$4,500,000
List Price
$4,500,000
MLS®
10275306
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size Dimensions
0.45
Lot Size
19,602
Subdivision
Kelowna North
Year Built
1949

Property Description

Outstanding assembly totalling .45 acres at the high-profile corner of Clement Ave & Gordon Dr. Potential for MF3 zoning as assembly is on a transit supportive corridor, would allow a FAR of 1.8 with potential for a further bonus FAR of .55 and up to 6 storeys of mixed commercial and residential use. Preliminary plans indicate 2 CRUs on the main floor (1 fronting Clement & 1 fronting Gordon) and 5 floors on residential with approx. 30 units. Currently 2 rental single family homes provide great cashflow and holding income. Close to downtown, the lake and the growing Brewery District along Clement Ave, near restaurants, cafes, coffee shops, craft breweries, wineries, boutique businesses and public transportation. (id:25314)

Additional Information

Ownership
Freehold
Subdivision
Kelowna North
Country
Canada
Roof
Asphalt shingle, Conventional
Lot Size
19,602
Exterior Features
Unknown

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