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3570 Old Okanagan Highway
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3570 Old Okanagan Highway

West Kelowna, British Columbia V4T1P3

$720,000

MLS® 10356843

4

Bedrooms

2

Bathrooms

2,282 square feet

Living Area

1925

Year Built

Single Family

Type

0 acres

Lot Size

6

Parking

3

Stories

Description

An Investment that makes sense. Potential very high density. Buy and hold with existing residential and business space. New Zoning allows up to 5.1 FAR and 15 Stories with density bonusing!! Looking for a strategic development site or holding property with serious upside? Commercial Core (Area B) under the city's bold 2040 OCP. The home is rentable. The jewel here is the business space. This space is perfect for two massage therapists, accountant’s office, hairdresser, etc. This area is envisioned as a vibrant, high-density hub designed to bring together retail, office, residential, and public spaces in one dynamic neighbourhood. Flexible, forward-thinking land use including commercial (office/retail), mixed-use buildings, institutional projects, and live-work spaces with a strong emphasis on urban energy and walkability. Potential for land assembly with adjacent properties may also be available. Ideal for developers with a vision to shape a growing community. Invest now with unique rental income. Buyers are advised to complete their own due diligence regarding zoning, height, and density regulations. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $3,192.11
Heating Baseboard heaters, Stove, Forced air, See remarks, Wood
Parking Other, Rear, RV, Additional Parking
Flooring Concrete, Tile, Laminate, Carpeted, Linoleum
Roof Asphalt shingle, Unknown
Exterior Stucco, Vinyl siding
Appliances Washer, Refrigerator, Oven - gas, Dryer
Water Municipal water
Sewer Municipal sewage system
Structure House
Fireplaces 1

Listed by

Royal LePage Kelowna

Interior REALTORS®

Interested in this property?

Contact Kara Call 604.328.8000
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