545 Froelich RoadKelownaBritish ColumbiaV1X3M7

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)

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

Neighbourhood Features

Ratings

Commercial Info

Location

Neighbourhood Details