1025 & 1033/1035 Laurier Avenue, Kelowna | $1,995,000

Ideal central location for this development opportunity! This two lot land assembly has the potential you are looking for with 125 feet of frontage on Laurier avenue comprised of two titles yielding 16,590 sq ft (0.38 acres of land) approximately. Current zoning is MF1 with future zoning in the 2040 official community plan of core neighbourhood future land use C-NHD Urban Core potentially for medium density apartment housing. The two homes on site currently have long term tenants which would support revenue to the buyer while moving forward. Property taxes shown are both parcels combined. Buyers should perform their own due diligence to confirm intended potential development.

Description

Ideal central location for this development opportunity! This two lot land assembly has the potential you are looking for with 125 feet of frontage on Laurier avenue comprised of two titles yielding 16,590 sq ft (0.38 acres of land) approximately. Current zoning is MF1 with future zoning in the 2040 official community plan of core neighbourhood future land use C-NHD Urban Core potentially for medium density apartment housing. The two homes on site currently have long term tenants which would support revenue to the buyer while moving forward. Property taxes shown are both parcels combined. Buyers should perform their own due diligence to confirm intended potential development.

General Info


MLS Listing ID: 10332853 Bedrooms: 0 Bathrooms: 0 Year Built: 1991
Parking: See Remarks Heating: Baseboard heaters Lotsize: 0.38 ac|under 1 acre Air Conditioning : N/A

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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 .