1254 Sutherland Avenue

Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:58101)

Property Information

Property Type
Residential
SqUARE FOOTAGE
2364
 sqft
Structure Type
House
LAND SIZE
0.21 acres
Roof Type
Lot
SEWER Type
Municipal sewage system
Parking Spots
0
stories
Floor Type

More Information

Security
View
Parking
Exterior
Community
Pets Allowed, Rentals Allowed
Common inTEREST
Freehold
Listing Key
25714894
MLS ID
10277067
listing Office
eXp Realty (Kelowna)
listing Office key
284212
1
Beds
0
Baths
$
1450000

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David Lea

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