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2987 Lowe Court Kelowna, British Columbia V1Y 8L3

5 Bedroom 3 Bathroom 1872 sqft
Other Central Air Conditioning, Heat Pump Baseboard Heaters

$1,974,000

DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2997 Lowe Crt, 2977 Lowe Crt, 2922 Gordon Dr, 2930 Gordon Dr and 3010 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is walking distance to transit, schools, beaches, restaurants, shopping, the hospital and more! Both the location & zoning offer a Developer a wide variety of opportunities: 1) 2040 OCP supports ED/INST zoning, allowing up to 6 storeys with a 2.0 FAR. Uses in this rare zone include: restaurants, medical/dental, therapy, counseling, private clubs, libraries, museums, art galleries, cinemas, fitness clubs, and religious assemblies. Properties currently zoned RU4 total 1.012 acres (44,082.72.sq ft). With a 2.0 FAR, there is potential for up to 88,165 buildable sq ft! 2) parcel fronts Gordon Drive TRANSIT SUPPORTIVE CORRIDOR and 3) several properties are within a 400m radius of OK College Bus Exchange, 1 of only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION. 4) Flat site, easy to build with exceptional exposure and access off of Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo). (id:20009)

Property Details

MLS® Number 10303070
Property Type Single Family
Neigbourhood Kelowna South
Amenities Near By Schools
Features Cul-de-sac, Irregular Lot Size
Parking Space Total 1
Road Type Cul De Sac

Building

Bathroom Total 3
Bedrooms Total 5
Appliances Refrigerator, Dishwasher, Dryer, Range - Electric, Microwave, Washer
Architectural Style Other
Basement Type Full
Constructed Date 1990
Construction Style Attachment Detached
Cooling Type Central Air Conditioning, Heat Pump
Exterior Finish Vinyl Siding
Flooring Type Carpeted, Ceramic Tile, Vinyl
Heating Fuel Electric
Heating Type Baseboard Heaters
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 3
Size Interior 1872 Sqft
Type House
Utility Water Municipal Water

Parking

See Remarks

Land

Acreage No
Fence Type Fence
Land Amenities Schools
Sewer Municipal Sewage System
Size Irregular 0.19
Size Total 0.19 Ac|under 1 Acre
Size Total Text 0.19 Ac|under 1 Acre
Zoning Type Unknown

Rooms

Level Type Dimensions
Main Level Kitchen 9'2'' x 11'4''
Main Level Laundry Room 5'5'' x 9'2''
Main Level Primary Bedroom 12'5'' x 10'7''
Main Level Bedroom 9'5'' x 12'11''
Main Level Full Bathroom 7'4'' x 4'11''
Main Level Other 11'8'' x 12'8''
Main Level Other 19'6'' x 13'8''
Main Level Laundry Room 9'1'' x 9'6''
Main Level Foyer 6'5'' x 9'4''
Main Level Living Room 11'5'' x 19'2''
Additional Accommodation Bedroom 9'7'' x 10'3''
Additional Accommodation Bedroom 9'6'' x 10'0''
Additional Accommodation Full Ensuite Bathroom 7'10'' x 5'4''
Additional Accommodation Other 6'5'' x 4'4''
Additional Accommodation Primary Bedroom 10'1'' x 13'7''
Additional Accommodation Full Ensuite Bathroom 5'6'' x 7'11''
Additional Accommodation Kitchen 11'9'' x 14'5''
Additional Accommodation Living Room 11'7'' x 20'5''

https://www.realtor.ca/real-estate/26453535/2987-lowe-court-kelowna-kelowna-south

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Ellen Churchill

(250) 860-7500
ellenchurchill.com/

Coldwell Banker Horizon Realty
#14 - 1470 Harvey Avenue
Kelowna, British Columbia V1Y 9K8

(250) 860-7500
(250) 868-2488