3570 Old Okanagan Highway, West Kelowna, British Columbia V4T1P3

Listing courtesy of Royal LePage Kelowna.

$720,000
4
BD
2
BA
2,282
SqFt

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List Price
$720,000
Price Change
▼ $29,000 1757369621
MLS®
10356843
Days on Market
355
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Living Area
2,282
Lot Size Dimensions
0.17
Lot Size
7,405
Subdivision
Westbank Centre

Property Description

An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Westbank Centre
Parking Spaces
6
Fireplaces
1
Country
Canada
Flooring
Concrete, Tile, Laminate, Carpeted, Linoleum
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Baseboard heaters, Stove, Forced air, See remarks, Wood
Stories
3
Lot Size
7,405

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