2157 Woodlawn Street
Kelowna, British Columbia V1Y2T1

$1,050,000

ID# 10317810
DEVELOPMENT PROPERTY! Seize the opportunity to develop a prime corner lot zoned MF4 with a Floor Area Ratio (FAR) of 2.5 in Kelowna. This property allows for up to 6 stories, offering substantial flexibility for your design ambitions. Located within a Transit Hub Parking Exemption Area, this lot also features lane access, maximizing your development potential. The City will also be upgrading the water system and adding sidewalks down Glenwood. Neighboring property at 2161 Woodlawn MLS 10323789) is also for sale creating even more opportunity. Just blocks away from Kelowna General Hospital, elementary schools, Okanagan Lake, and shopping centers, this location is ideal for multi-family residential projects. The nearby amenities make it a highly attractive spot for potential residents, from healthcare professionals to families and outdoor enthusiasts. With the reduced parking requirements of the Transit Hub Parking Exemption Area, you can make the most of the available space. The corner lot offers excellent visibility and accessibility, further enhancing its appeal. Bring your design ideas and transform this prime property into a landmark development in Kelowna. VALUE IS IN THE LAND. INTERIOR VIEWING ONLY WITH ACCEPTED OFFER *Disclaimer - Buyer should research and preform own Due Diligence regarding development regulations and restrictions* (id:3942)
Courtesy of Century 21 Assurance Realty Ltd

Listed on: June 25, 2024

On market: 115 days
Bathroom Total 1
Bedrooms Total 3
Half Bathrooms Total 0
Year Built 1949
Flooring Type Carpeted, Ceramic Tile, Hardwood, Linoleum
Heating Type Forced air, See remarks
Stories Total 1.5
Living roomSecond level13'6'' x 7'0''
Primary BedroomSecond level15'3'' x 11'6''
Family roomMain level11'8'' x 18'0''
Full bathroomMain levelMeasurements not available
FoyerMain level4'7'' x 7'9''
BedroomMain level11'2'' x 10'1''
BedroomMain level11'2'' x 9'10''
KitchenMain level10'0'' x 9'0''
Dining roomMain level7'3'' x 15'3''
Living roomMain level12'6'' x 17'8''
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Cory Alexander *PREC Taryn O'Donohue

250-575-5452 250-300-1311

Royal LePage Kelowna

1-1890 Cooper Road,

Kelowna, BC, V1Y 8B7


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