Newly zoned with MF1, this property offers immense potential for redevelopment. Spanning a generous 60 x 140 lot, it presents numerous options for expansion and growth. Currently featuring a charming 2-bedroom home with a legal 1-bedroom suite, this property is designed to maximize income potential. Strategically located in the heart of the hospital area, this property offers unparalleled convenience for medical professionals, staff, and residents seeking easy access to healthcare facilities. In addition, enjoy proximity to parks, shopping centers, schools, beaches, transportation, and more, ensuring a comfortable and vibrant lifestyle. Unlock the full potential of this property by capitalizing on the thriving real estate market. Explore possibilities such as building townhomes, a duplex, or multiple SF units that cater to the increasing demand in the area. With its exceptional location and redevelopment opportunities, this property is poised for substantial returns. Don't let this incredible investment opportunity pass you by! Schedule a viewing today and seize your chance to make a sound investment in a sought-after neighborhood. (id:2493)
Data was last updated June 8, 2023 at 08:15 AM (UTC)
Area Statistics
Listings on market:
106
Avg list price:
$998,750
Min list price:
$267,900
Max list price:
$2,998,000
Avg days on market:
40
Min days on market:
2
Max days on market:
288
Avg price per sq.ft.:
$567.47
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
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