2987 Lowe Court Active

Kelowna,BC V1Y8L3

$ 1974000

5 Beds

3 Baths

1872 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $1,054

Subdivision Kelowna South

MLS Listing ID 10303070

Style Other

Bedrooms 5

Year Built 1990

Lot Size 8,276 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 2997 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 Unknown

Interior

Heating Baseboard heaters,

Cooling Central air conditioning,Heat Pump

Flooring Carpeted,Ceramic Tile,Vinyl

Exterior

Parking Features No

Fence Fence

View Y/N No

Roof Type Unknown

Building

Story 2.5

Sewer Municipal sewage system

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