3570 OLD OKANAGAN HIGHWAY

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$720,000
3570 OLD OKANAGAN HIGHWAY
West Kelowna, British Columbia V4T1P3
MLS® Number: 10356843
4Beds
2Baths
2,282Sq Ft
6Parking
1925Year Built
Single FamilyType

About This Property

An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:64973)

Property Details

Bedrooms4
Bathrooms2
Living Area2,282 sq ft
Lot Size0.17 (0 acres)
Year Built1925
Property TypeSingle Family
Parking6
HeatingBaseboard heaters, Stove, Forced air, See remarks, Wood
FireplaceWood, Conventional
AppliancesWasher, Refrigerator, Oven - gas, Dryer
Annual Taxes$3,192
CityWest Kelowna
Postal CodeV4T1P3
MLS® #10356843

Location

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