OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to USC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd and 425 Leathead Rd. (MLS 10303540) (id:35966)
545 Froelich RoadKelowna, British Columbia, V1X3M7
Listing Details
Property Details
- Full Address:
- 545 Froelich Road, Kelowna, British Columbia
- Price:
- $ 1,899,888
- MLS Number:
- 10303615
- List Date:
- February 2nd, 2024
- Neighbourhood:
- Rutland North
- Lot Size:
- 0.22 ac
- Year Built:
- 1975
- Taxes:
- $ 3,617
Interior Features
- Heating:
- No heat
Building Features
- Storeys:
- 1
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Zoning:
- Unknown
- Garage:
- Surfaced
- Ownership Type:
- Freehold
- Taxes:
- $ 3,617
Floors
- Finished Area:
- 2085 sq.ft.
Land
- Lot Size:
- 0.22 ac