468 Valley RoadKelownaBritish ColumbiaV1V2E5

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)

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

Neighbourhood Features

Ratings

Commercial Info

Location

Neighbourhood Details