$2,995,000

ID# 10271548

1225 Mountain Avenue
Kelowna, British Columbia V1Y7G9

This 1.275-acre 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 potential to rezone to MF1 – Infill Housing, a zone that provides for infill development but limits development to ground-oriented housing of 2 storeys. Preliminary plans indicate 16 units total including ten 3-bedroom townhouses and six 4-bedroom townhouses. 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 Bankhead Elementary School, and the coffee shops, craft breweries & restaurants in the growing brewery district. (id:3942)

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General Inquiry
Courtesy of RE/MAX Kelowna

Listed on: April 01, 2023

On market: 389 days
Bathroom Total 3
Bedrooms Total 3
Half Bathrooms Total 1
Year Built 1975
Stories Total 2
2pc Ensuite bathSecond level5'0'' x 4'9''
KitchenSecond level12'4'' x 11'1''
DenSecond level11'9'' x 9'3''
4pc BathroomSecond level11'9'' x 6'10''
BedroomSecond level11'9'' x 8'9''
Dining roomSecond level14'4'' x 15'6''
Primary BedroomSecond level14'9'' x 12'4''
Living roomSecond level22'4'' x 17'6''
GymMain level11'2'' x 9'7''
BedroomMain level13'8'' x 9'7''
Family roomMain level10'1'' x 9'4''
Full bathroomMain level11'2'' x 5'6''
Recreation roomMain level33'9'' x 17'1''
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