1254 Sutherland Avenue, Kelowna South in Kelowna, BC
This is a Single Family Listing.
1254 Sutherland Avenue, Kelowna South in Kelowna
Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:6289)
$1,450,000
1254 Sutherland Avenue, Kelowna, British Columbia
Essential Information
- MLS® #10277067
- Price$1,450,000
- Price per Sqft613
- Bedrooms1
- Bathrooms0.00
- Square Footage2,364
- Acres0.21
- Year Built1960
- TypeSingle Family
- Sub-TypeFreehold
- Days on Website319
Additional Information
- ZoningUnknown
Community Information
- Address1254 Sutherland Avenue
- SubdivisionKelowna South
- CityKelowna
- Postal CodeV1Y5Y3
Listing Details
- Listing OfficeeXp Realty (Kelowna)