1206 Ethel Street, Kelowna


2 Beds
1 Bath
804 Sqft
.15 Acre
0 Garage

HEALTHY CASH FLOW! Approximate rental income/month = +$14,500 (for 1206, 1216, 1220, 1230). Best development opportunity in Kelowna; this location is unmatched. Lot 1 of 4, this 0.15 acre (6,534 SF) lot is part of a 0.60 acre (26,136 SF), 4-lot assembly downtown (10255398). Total list price for all 4 contingent lots is $7,355,000. 1206 Ethel St offers 44ft (13m) of frontage on Ethel St and 143ft (43m) of frontage on Clement Ave (a Transit Supportive Corridor). The assembly's OCP designation is C-NHD and is situated along a TSC with proposed max density of up to 2-2.05 FAR. Benefiting from frontage on Clement Ave (TSC), a developer can potentially BUILD UP TO 12 STOREYS. Located in the mecca of downtown development, don't waver on this incredible opportunity to supply housing to an influx of: UBCO students/savvy investors/city slickers eager to own a piece of Kelowna's "urban revolution" in its early stages. Sellers make no representation/warranties regarding details of structures. Info on structures is not correct. Buyer to confirm details when viewing upon accepted offer. Selling for LAND VALUE. Jump on this opportunity TODAY to secure your legacy and contribution to downtown Kelowna's evolving skyline. (id:6289)

Essential Information
Listing #10255394
Square Footage804
Year Built1929
TypeSingle Family
Community Information
Address1206 Ethel Street
SubdivisionKelowna North
ProvinceBritish Columbia
Postal CodeV1Y2W5
Is WaterfrontYes
WaterfrontWaterfront nearby

Central location, Corner Site, Flat site

Additional Information
Days on Market294
Listing Details
OfficeColdwell Banker Horizon Realty

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