3570 Old Okanagan Highway
West Kelowna,
British Columbia
V4T1P3
Neighbourhood: Westbank Centre
$699,999
4 Bedrooms
2 Bathrooms
Single Family
House
An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city’s bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:64720)
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Listing ID: 10395417
On The Market: 3 months
Courtesy of
Royal LePage Kelowna
Royal LePage Kelowna
Association of Interior REALTORS®
Property Details
Annual Property Taxes: $3,478.16
Stories: 3
Living Area: 2282 sq.ft
Land Size: 0.17
Parking Type: Other, Rear, RV, Additional Parking
Parking Total: 6
Year Built: 1925
Flooring: Concrete, Tile, Laminate, Carpeted, Linoleum
Fireplaces: 1
Appliances: Washer, Refrigerator, Oven – gas, Dryer
Exterior: Stucco, Vinyl siding
Roof: Asphalt shingle, Unknown
Foundation: Block
Heating: Baseboard heaters, Stove, Forced air, See remarks, Wood
Water: Municipal water
Sewer: Municipal sewage system
Title: For Sale
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Office
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3pc Bathroom
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Bedroom
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Bedroom
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2pc Bathroom
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Living room
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