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MLS: 10356843

3570 Old Okanagan Highway

2282 sqft

4 Bedrooms

2 Bathrooms

$720,000

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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:6770)

Investment Opportunities 3+ bedrooms 4+ bedrooms Single Family Home < 1 Acre New
Listed by Mark Kayban
Royal LePage Kelowna

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Overview

  • Price $720,000
  • MLS # 10356843
  • Age 1925
  • Stories 3
  • Size 2282 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Exterior Stucco, Vinyl siding
  • Appliances Refrigerator, Dryer, Oven - gas, Washer
  • Water Municipal water
  • Sewer Municipal sewage system
  • Flooring Carpeted, Concrete, Laminate, Linoleum, Tile
  • Listing Agent Mark Kayban
  • Listing Office Royal LePage Kelowna

Contact an agent for more information or to set up a viewing.

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