1225 Mountain Avenue, Kelowna, British Columbia

$2,995,000

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1.28

Acres

About 1225 Mountain Avenue

This 1.275-acre property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary plans indicate 16 units total including ten 3-bedroom townhouses and six 4-bedroom townhouses. The existing 2,496 SF, 5-bedroom, 3-bathroom single-family home can provide holding income until the property is ready for redevelopment. This is a large, peaceful lot tucked away in a residential neighbourhood, yet only a short walk to Bankhead Elementary School, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:3745)

Features of 1225 Mountain Avenue

Listing # 10271549
Price $2,995,000
Bathrooms 0.00
Acres 1.28
Type Vacant Land
Sub-Type Freehold

Community Information

Address 1225 Mountain Avenue
Subdivision Glenmore
City Kelowna
Province British Columbia
Postal Code V1Y7G9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeRE/MAX Kelowna

Listing Map

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