468 Valley Road, Kelowna, British Columbia V1V 2E5

$13,990,000.00

Opportunity for seven (7) homes land assembly with solid rental income potential plus future upside as increased density multifamily development. 1.90 Acres (82,764 SF) land assembly, 7 titles. Located in Glenmore, in close proximity to Kelowna Golf and Country Club. This property comes under Village Centre (VC) Zoning ( FAR up to 2.0), in the new OCP, which allows 6 storey apartments, Townhomes/apartment combo or the possibility for mixed commercial. This Village Centre segment has the potential to get benefit from Transport Supportive Corridor which will support new creative ideas for development and increased density. Walking distance to all amenities, convenience stores, Save on Food, Banks, Starbucks Tim Hortons, Dollar Store, McDonald and roughly 10 minutes drive to Downtown, UBCO, and Airport. ( 444/450/456/462/468/474 Valley Rd,1990 Raisanen Rd) (id:43399)

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    Property Details

    MLS® Number 10253247
    Property Type Vacant Land
    Neigbourhood Glenmore
    View Type Mountain View

    Building

    Land

    Acreage Yes
    Current Use Development Residential
    Sewer Municipal Sewage System
    Size Frontage 536 Ft ,6 In
    Size Irregular 1.9
    Size Total 1.9 Ac|1 - 5 Acres
    Size Total Text 1.9 Ac|1 - 5 Acres

    https://www.realtor.ca/real-estate/24427529/468-valley-road-kelowna-glenmore

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