Opportunity to purchase a large land assembly with solid rental income potential plus future upside as increased density multifamily development. 1.90 Acres (82,764 SF) land assembly, 7 titles. Located in Glenmore, in close proximity to Kelowna Golf and Country Club. This property comes under Village Centre (VC) Zoning ( FAR up to 2.05), which allows 6 storey apartments, Townhomes/apartment combo or the possibility for mixed commercial. The City also supports HOTEL development on this site.There are multiple developments underway in this area. Walking distance to all amenities, convenience stores, Save on Food, Banks, Starbucks, Tim Hortons, Dollar Store, McDonald and roughly 10 minutes drive to Downtown, UBCO, and Airport. (Total 7 homes included in this assembly – 444/450/456/462/468/474 Valley Rd,1990 Raisanen Rd) (id:35966)
468 Valley RoadKelowna, British Columbia, V1V2E5
Listing Details
Property Details
- Full Address:
- 468 Valley Road, Kelowna, British Columbia
- Price:
- $ 11,999,999
- MLS Number:
- 10305480
- List Date:
- February 27th, 2024
- Neighbourhood:
- Glenmore
- Lot Size:
- 1.9 ac
Interior Features
Building Features
- Sewer:
- Municipal sewage system
- Zoning:
- Unknown
- Ownership Type:
- Freehold
Floors
Land
- Lot Size:
- 1.9 ac
- Current Use:
- Mixed use