1089-1097 Clement Avenue, Kelowna, British Columbia V1Y7E3
Listing courtesy of RE/MAX Kelowna.
- $4,500,000
- 5
- BD
- 4
- BA
- List Price
- $4,500,000
- MLS®
- 10275376
- Status
- ACTIVE
- Type
- Land
- Subtype
- Vacant Land
- Bedrooms
- 5
- Bathrooms
- 4
- 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)
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Additional Information
- Ownership
- Freehold
- Subdivision
- Kelowna North
- Fireplaces
- 1
- Cooling
- Window air conditioner
- Country
- Canada
- Flooring
- Carpeted, Ceramic Tile, Vinyl
- Sewer
- Municipal sewage system
- Roof
- Asphalt shingle, Conventional
- Heating
- Baseboard heaters, Electric, Natural gas
- Architectural Style
- Ranch
- Lot Size
- 19,602
- Exterior Features
- Unknown
