Priced BELOW ASSESSMENT! Perfect opportunity for multigenerational living! This full side by side duplex is apart of a land assembly offering a prime development location! Nestled onto Laurier Avenue this 0.23 acre duplex property must be ""sold simultaneously"" with the adjacent 0.15 acre neighboring 1025 Laurier Avenue single family home with a legal suite. These 2 properties combined create create a combined 0.38 acre ( 16,553 sq ft) development canvas for a future further land assembly or development! Close to urban transit corridor, on sewer, and in quiet setting hidden within the urban bustle! This combined two-lot land assembly with MF1 zoning and approximately 125 feet of frontage aligns with the 2040 Official Community Plan, designating it as Core Neighbourhood (C-NHD Urban Core) – a future land use supporting medium-density apartment housing. Currently the updated single-family home and adjacent full duplex, both with long-term tenants in place, can generate holding income while planning your project or alternatively is the perfect base for multigenerational families where everyone in the family is within close proximity and within walking distance to amenities in this central Kelowna location. Buyers are advised to perform their own due diligence to confirm zoning and development potential. (id:4069)
Address
1033 / 1035 Laurier Avenue
List Price
$1,100,000
Property Type
Single Family
Type of Dwelling
House
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
6
Bathrooms
4
Floor Area
1,368 Sq. Ft.
Lot Size
0.23 Sq. Ft.
Year Built
1991
MLS® Number
10365162
Listing Brokerage
Royal LePage Kelowna
Postal Code
V1Y6B2
Site Influences
Park, Recreation, Schools, Shopping, Ski area
