2997 Lowe Court

UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110, 206 BUILDABLE SQUARE FEET! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2987 Lowe Crt, 2977 Lowe Crt, 2922 Gordon Dr, 2930 Gordon Dr and 3010 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is within 400m of a Transit Exchange meaning parking requirements greatly reduced (Commercial and Universal Accessibility Parking only). Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Upcoming changes allow option to rezone to UC5. Gordon Drive is also a TRANSIT SUPPORTIVE CORRIDOR but with only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION, this parcel contains 4 of only 793 total lots being rezoned in the Transit Oriented Areas. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo). (id:57667)

Property Information

Property Type
Residential
SqUARE FOOTAGE
2058
 sqft
Structure Type
House
LAND SIZE
0.17 acres
Roof Type
Asphalt shingle
Lot
SEWER Type
Municipal sewage system
Parking Spots
2
Floor Type
stories
2.0

More Information

Security
View
Parking
Detached Garage
Exterior
Community
Pets Allowed, Rentals Allowed
Common inTEREST
Freehold
Listing Key
26453316
MLS ID
10303092
listing agent
Ellen Churchill
listing agent key
1675685
6
Beds
3
Baths
$
1793500

Virtual Tour

Contact

Ellen Churchill

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.