About This Property
**DEVELOPER ALERT**SEWER IS COMPLETE** RARE opportunity to develop 1.48 acres (64,468.80 sq ft) of MF2 zoned land. MF2 zoning supports row townhomes up to 3 storeys high. The property currently features a single family home and a Tenanted fourplex (mo. to mo.). Walking distance to Ecole Belgo Elementary School, Transit and is across the street from Belgo Park. Close to many restaurants, shopping, schools, Rutland arena and the YMCA. Bring your development ideas, potential FAR of approx 1.0 (id:64973)
At $2.999 million for 1.48 acres in Kelowna, this property offers a compelling value proposition at $46.50 per square foot, a significant discount to the city's average land prices. The MF2 zoning and potential FAR of 1.0 make it an attractive opportunity for developers seeking to build a high-density townhome project in a desirable location near amenities and schools.
Property Details
Location
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