1254 Sutherland Avenue, Kelowna, British Columbia

$1,450,000

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1

Bed

2,364

Square feet

0.21

Acres

About 1254 Sutherland Avenue

Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:3745)

Features of 1254 Sutherland Avenue

Listing # 10277067
Price $1,450,000
Bedrooms 1
Bathrooms 0.00
Square Footage 2,364
Acres 0.21
Year Built 1960
Type Single Family
Sub-Type Freehold

Community Information

Address 1254 Sutherland Avenue
Subdivision Kelowna South
City Kelowna
Province British Columbia
Postal Code V1Y5Y3

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning Unknown

Listing Details

OfficeeXp Realty (Kelowna)

Listing Map

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