1225 Mountain Avenue is a $2,995,000 home on a 1.28 acre lot located in Kelowna, BC.
Large residential property totaling 1.275 acres with redevelopment potential for further densification and infill. The property is centrally located in Glenmore and is within Kelowna’s OCP 2040 Core Area. Current zoning is RU1 with the OCP2040 Future Land Use of C-NHD. There is also potential to rezone to SFRU5 for multiple single-family homes or MF2 for townhomes, similar to an adjacent property at 1170 Brant Ave where individual 1,588 SF units have recently sold for $750,000. The existing 2,496 SF, 5 bedroom, 3 bathroom single-family home can provide holding income until the property is ready for redevelopment. This is a large, peaceful lot tucked away in a residential neighbourhood, yet only a short walk to Schools, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:22332)
Building Type | Other |
Roof | Conventional |
Construction Types | Heavy Duty Footings |
Property Type | Vacant Land |
Property Sub Type | Unknown |
Style | Style 55 |
HOA/Strata Fee | $0.00 |
Neighborhood | Glenmore |
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Canadian Real Estate Association. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. CREA deems information reliable but not guaranteed. See full Privacy policy