KELOWNA

Kelowna is located in the Okanagan Valley in British Columbia, Canada. Known for its beautiful lakes, beaches, wineries, and outdoor recreational opportunities, Kelowna has become a popular destination for tourists and residents.

The real estate market in Kelowna has been steadily growing, with a mix of single-family homes, townhouses, and condos available. Prices have risen recently, but the market remains relatively affordable compared to other major Canadian cities. The city also has a good mix of older and new homes, with many properties featuring stunning mountains and Okanagan Lake views. The city also has a vibrant downtown area with shops, restaurants, and several wineries offering tastings and tours. Outdoor enthusiasts can also enjoy hiking, biking in nearby mountains, and skiing at the Big White Ski Resort.

Kelowna also boasts a rich cultural scene with several museums and art galleries and hosts events and festivals throughout the year.

Description

Prime Development Opportunity! Unlock the full potential of this 0.59-acre property situated in a rapidly developing neighborhood. With four properties across the street already sold for townhouse developments, this site is perfect for investors looking to capitalize on a prime residential project. This property is ideally suited for a three-story townhouse development, offering an excellent investment opportunity. Backing onto 14 acres of farmland, future residents will enjoy a private and serene backdrop while benefiting from proximity to urban amenities, parks, schools, and public transit. It’s a highly desirable location for young families and professionals alike. With a current rezoning application for MF2 townhouse zoning, the site is primed for development and can accommodate a well-planned project with ample parking, green spaces, and other amenities. Strong community growth is evident, with adjacent land developments already underway, signaling a thriving area poised for continued expansion. Additionally, the adjacent 0.34-acre property is available, bringing the total potential assembly to 0.93 acres (40,510 sq ft). This offers a rare opportunity to build confidently and strategically in one of the city’s most promising growth areas. Don’t miss out on this chance to position yourself for success. (id:2469)

Listing Provided By

Century 21 Assurance Realty Ltd

Neighborhood Info

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Property Details

Living Area
2,800 sqft.
Bedrooms
2
Bathrooms
2
Lot Size Area
0.59 ac|under 1 acre
Taxes
N/A
Type
House
Style
N/A
Basement
Full
Year Built
1972
Real Estate Listing
Provided by:
  • 302 Eckhardt Ave w
  • Penticton, BC
  • V2A2A9