Exceptional opportunity to own a 50' x 122' lot with valuable rear lane access in one of Kelowna's most sought-after neighbourhoods. Previously approved under MF1 zoning, this property comes with architectural drawings for a proposed 4-unit multiplex, which are included in the purchase price, offering an excellent head start for your redevelopment plans (buyer to verify with the City of Kelowna). The existing home features 2 bedrooms and 1 bathroom and is solidly built with a separate basement entrance, providing excellent suite potential or holding income while you plan your future development. The spacious rear yard remains largely undeveloped, creating additional possibilities for future improvements. Located just a 3-block walk to Kelowna General Hospital,7 this property is also only a 15-minute walk to Downtown Kelowna, the waterfront, restaurants, shopping, and numerous amenities. Surrounded by newly constructed multiplex developments, this property is ideally positioned for investors, builders, and developers looking to capitalize on the area's continued growth and strong demand for housing. (id:4069)
Address
760 Cadder Avenue
List Price
$999,998
Property Type
Single Family
Type of Dwelling
House
Style of Home
Ranch
Transaction Type
Sale
Area
British Columbia
Sub-Area
Kelowna
Bedrooms
2
Bathrooms
1
Floor Area
1,505 Sq. Ft.
Lot Size
0.14 Sq. Ft.
Year Built
1967
MLS® Number
10393914
Listing Brokerage
Realtymonx
Basement Area
Full
Postal Code
V1Y5N6
Ownership
Freehold
Appliances
Range, Refrigerator, Hood Fan, Washer & Dryer
Heat Type
Forced air, See remarks
Number Of Floors In Building
2
Water Source
Municipal water
Sewer
Municipal sewage system
