2997 Lowe Court Active Save Request In-Person Tour Request Virtual Tour
Kelowna,BC V1Y8L3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,058 sqft
Price per Sqft $871
Subdivision Kelowna South
MLS Listing ID 10303092
Bedrooms 6
Year Built 1988
Lot Size 7,405 Sqft
Property Description
UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110, 206 BUILDABLE SQUARE FEET! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2987 Lowe Crt, 2977 Lowe Crt, 2922 Gordon Dr, 2930 Gordon Dr and 3010 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is within 400m of a Transit Exchange meaning parking requirements greatly reduced (Commercial and Universal Accessibility Parking only). Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Upcoming changes allow option to rezone to UC5. Gordon Drive is also a TRANSIT SUPPORTIVE CORRIDOR but with only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION, this parcel contains 4 of only 793 total lots being rezoned in the Transit Oriented Areas. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo). (id:24570)
Location
Province BC
Zoning Residential
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Community Features Pets Allowed,Rentals Allowed
View Y/N No
Roof Type Unknown
Building
Lot Description Underground sprinkler
Story 2
Sewer Municipal sewage system