1206-1230 Ethel Street, Kelowna, British Columbia V1Y 2W5
$7,355,000
HEALTHY CASH FLOW! Approximate rental income/month = +$14,500 (for 1206, 1216, 1220, 1230). Best development opportunity in Kelowna; this location is unmatched. This 0.60 acre (26,136 SF), 4-lot assembly downtown offers approx. 178.4 ft (54m) of frontage on Ethel St and approx. 143.4 ft (43m) of frontage on Clement Ave (a Transit Supportive Corridor). The assembly's OCP designation is C-NHD and is situated along a TSC with proposed max density of up to 2-2.05 FAR. Benefiting from frontage on Cement Ave (TSC), a developer can potentially BUILD UP TO 12 STOREYS. Located in the mecca of downtown development, don't waver on this incredible opportunity to supply housing to an influx of: UBCO students/savvy investors/city slickers eager to own a piece of Kelowna's "urban revolution" in its early stages. Sellers make no representation or warranties regarding details of structures. Info on structures is not correct. Buyers to confirm details when viewing upon accepted offer. Selling for LAND VALUE. Jump on this opportunity TODAY to secure your legacy and contribution to downtown Kelowna's evolving skyline. Please refer to the individual lot's residential MLS® listings (10255394), (10255395), (10255396), (10255397) for details on PID, legal descriptions & sellers names. (id:20009)
Property Details
| MLS® Number | 10255398 |
| Property Type | Vacant Land |
| Neigbourhood | Kelowna North |
| Features | Central Location, Corner Site, Flat Site |
| Water Front Type | Waterfront Nearby |
Building
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Current Use | Development Residential |
| Sewer | Municipal Sewage System |
| Size Frontage | 176 Ft |
| Size Irregular | 0.6 |
| Size Total | 0.6 Ac|under 1 Acre |
| Size Total Text | 0.6 Ac|under 1 Acre |
Utilities
| Sewer | Available |
https://www.realtor.ca/real-estate/24504776/1206-1230-ethel-street-kelowna-kelowna-north
Interested?
Contact us for more information
Mackenzie Moore
meetkenz.ca
https://www.facebook.com/meet.kenz
www.linkedin.com/in/meetkenz
#14 - 1470 Harvey Avenue
Kelowna, British Columbia V1Y 9K8
(250) 860-7500
(250) 868-2488
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