550 Patterson Avenue, Kelowna | $1,450,000

ATTENTION DEVELOPERS! Here's a great opportunity to purchase this and the adjoining properties at 530 & 540 Patterson MLS# 10313190 & 10313085 for your next apartment development for a total of 0.46acre. Currently zoned MF1 within the C-NHD but as it's on the transit corridor, the City has an appetite for an MF3 six story apartment development. The City of Kelowna just installed new sewer lines down the alley. This home has been well cared for. The home and carriage home could easily be rented and produce good income until the time of development.

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Description

ATTENTION DEVELOPERS! Here's a great opportunity to purchase this and the adjoining properties at 530 & 540 Patterson MLS# 10313190 & 10313085 for your next apartment development for a total of 0.46acre. Currently zoned MF1 within the C-NHD but as it's on the transit corridor, the City has an appetite for an MF3 six story apartment development. The City of Kelowna just installed new sewer lines down the alley. This home has been well cared for. The home and carriage home could easily be rented and produce good income until the time of development.

General Info

MLS Listing ID: 10326382 Bedrooms: 5 Bathrooms: 4 Year Built: 1947
Parking: N/A Heating: Baseboard heaters, Forced air, See remarks Lotsize: 0.18 ac|under 1 acre Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Hardwood, Laminate, Tile Fireplaces: N/A Basement: Crawl space

Amenities/Features

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .