111 Morningside Drive

Real estate development opportunity to acquire “The Trails” multi family site in the Trails Development. This stunning 3.845 acre site offers a complete package for multi family development with conceptual drawings/plans available and zoning in place. This site can achieve significant density with a maximum of 125 units based on 1000 sqft per unit. Additional examples are - 96 units @ 1300 sqft per unit or 83 units @ 1500 sqft per unit. Majority of the roads and infrastructure are in place providing a streamlined development process. All services are available. Whether you enjoy exploring the nearly trail systems for walking, hiking, biking or taking advantage of the nearly waterfront and beaches golf courses or wineries. The Trails Development offers the perfect setting and lifestyle. Other design can be submitted with The Trails approval (PLEASE NOTE: “higher density is achievable for this site”) Capital costs invested to date include infrastructure to access both properties to the lot line, material removal , civil work including storm, water, sewer & shallow utilities to the lot line, design costs, development permit costs, Park development and fencing, roundabout traffic circle and improvements to Glenrosa Road are off site costs that have also been completed. The work accomplished to date accelerates your development process. This Master Planned Community will consist of 109 single family home sites and 2 Multi family sites. DP is in Place. (id:58101)

Property Information

Property Type
Commercial
SqUARE FOOTAGE
0
 sqft
Structure Type
Other
LAND SIZE
3.85 acres
Roof Type
Lot
SEWER Type
Municipal sewage system
Parking Spots
0
stories
Floor Type

More Information

Security
View
Lake view, Mountain view, Valley view
Parking
Exterior
Community
Common inTEREST
Freehold
Listing Key
26400593
MLS ID
10302195
listing Office
RE/MAX Kelowna
listing Office key
47837
0
Beds
0
Baths
$
4900000

Virtual Tour

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Contact

Frank Buckland

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