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USD 1,318,194

1875 Richter Street
Kelowna, British Columbia

Property Description

Investor Alert. Huge opportunity with this large 0.32 acre lot. The house is not included in the sale, the seller will move the house off the property. This large lot ready for redevelopment is only 3 blocks off of the highway in South Kelowna. The area is really growing with a ton of multifamily development in the area. The lot is across the street from a big open park, kids playground and a dog park. This area has schools, the downtown core, gyms and the hospital nearby. The current zoning is RU6 but the official city plan is for MRL, which allows for RM3 zoning. With this high value future land use, you could build stacked row housing, row housing or apartments. A property like this in this area is very unique and you will have a very difficult time finding another one.

Listed by Coldwell Banker Horizon Realty

Property Details

ID #
10225971
Status
For Sale
Type
Residential, Residential Lot, Land
Postal Code
V1Y-2N1

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