Greg Kilmartin Real Estate Agent
  • 1254 Sutherland Avenue Kelowna
  • 1254 Sutherland Avenue Kelowna
  • 1254 Sutherland Avenue Kelowna
  • 1254 Sutherland Avenue Kelowna
  • 1254 Sutherland Avenue Kelowna
  • 1254 Sutherland Avenue Kelowna

$1,450,000

ID# 10277067

1254 Sutherland Avenue
Kelowna, British Columbia V1Y5Y3

Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:3942)
Courtesy of eXp Realty (Kelowna)
Listed on: June 14, 2023

On market: 319 days
Bathroom Total 0
Bedrooms Total 1
Half Bathrooms Total 0
Year Built 1960
Living roomMain level1'0'' x 1'0''
KitchenMain level1'0'' x 1'0''
Primary BedroomMain level1'0'' x 1'0''

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Greg Kilmartin Real Estate Agent

GREG KILMARTIN

SALES REPRESENTATIVE

Office: (250) 860-1100

Royal LePage Kelowna

#1 – 1890 Cooper Road

Kelowna, BC V1Y 8B7

Phone: (250) 860-1100

Toll Free: (800) 421-3214

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