Coldwell Banker Horizon Realty

Adam Kilshaw

Ellen Churchill

UNIQUE LARGE PARCEL DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE AREA. PROPERTIES POTENTIALLY DIVIDED INTO 3 PHASES or PURCHASE all together. PHASE 1 is up to 1.326 acres WITHIN the TRANSIT ORIENTED AREA, allowing up to 6 STOREYS and a 2.5 FAR or greater. PHASE 2 is up to 1.152 acres, on the TRANSIT SUPPORTIVE CORRIDOR, allowing up to 6 STOREYS and a 1.8 FAR with bonuses up to 2.3 FAR or greater, and PHASE 3 is 1.169 acres allowing the same. The TOTAL POTENTIAL ACREAGE is 3.647 acres or 158,863.32 sq ft, allowing a total of over 500 UNITS at an average of 650 sq ft/ unit.  Easy walk to buses, college and high schools, beaches, restaurants, shopping, hospital and more! Development is based on option to rezone to UC5.  This property is within PHASE 2. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Ct or Bouvette St. Buyers to do own due diligence on intended use, both municipally and provincially. (id:39198)

NEW USE and ZONING change to UC5 for this Colossal Development Opportunity! With PHASE 1 in the OKANAGAN COLLEGE TOA (Transit Oriented Area), PHASES 2 and 3 on a TRANSIT SUPPORTIVE CORRIDOR, this LAND ASSEMBLY offers a total potential of 4.331 acres or 188,658.36 sq ft of land! Each phase is now UC5, allowing 6 storey mixed use. The total Assembly has a combined FAR of 380,017.44 sellable sq ft and up to 474,346.62 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $37,694,225 PLS NOTE: 2913 Bouvette Street is in PHASE 2 and there is the option to purchase PHASE 2 only, up to 1.507 acres or 65,644.92 sq ft. At 1.8 FAR, there is a potential 118,160.86 sellable sq ft and up to 150,983.32 sellable sq ft with bonuses up to .5 FAR added. TOTAL LIST PRICE $12,897,725 Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Flat site, easy to build, with exceptional exposure on Gordon Dr and excellent access off Bouvette St and Lowe Ct. Buyers to do own due diligence on intended use, both municipally and provincially. Some lots not listed. (id:39198)

2909 Bouvette Street, South Pandosy KLO, Kelowna, BC V1Y3K5

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History

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Recently Sold Listings .css-15ori97{font-size:26px;color:var(--chakra-colors-hdBlack-300);margin-left:var(--chakra-space-3);}In South Pandosy KLO

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Recently Sold Listings In South Pandosy KLO