1095 Monterey Court Active

Kelowna,BC V1X5P2

$ 1400000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Rutland South

MLS Listing ID 10338414

Originating Board Association of Interior REALTORS®

Lot Size 0.410 Acres

Acres 17859.6

Property Sub-Type Freehold

Property Description

0.41 acre (17,860 SF) MF2 zoned development site in the Rutland core area. Great location in a family-friendly neighborhood at the end of a cul-de-sac near Springfield Road and Rutland Road South. The property is within walking distance to 3 schools and Mission Creek Regional Park, and close to all major amenities. Property is zoned MF2, accommodating increased density and building height. Due diligence documents available upon a signed NDA include a Phase 1 ESA, Geotech Report, Site Survey, Architectural Plans, Landscape Plans and City of Kelowna Pre-Application Meeting Minutes. Proposed concept is for 9 residential 3-storey townhome units between 2 buildings. All 9 units offer attractive floorplans with 3 bedrooms, backyard patios, and double garages. Design is well suited for a bare land strata and party-wall agreement (no strata fees for end users). No special Development Permits affect this site. Holding income provided from the existing duplex on site with 3 separate units. Option to acquire the holding company, which can eliminate the Property Transfer Tax. Project conceptualized and designed by an experienced land development consultant with over a decade of experience managing and planning developments, including townhouse sites. (id:24570)

Location

Province BC

Zoning Multi-Family

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features Family Oriented

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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