RU2 Development Potential (Off Market)

For Sale, CAD 1,250,000


Prop. Lot B 790 Torrs Court,

Property Type : Vacant Land

Property Style : N/A

Build Size : N/A

Land Size : 8,276 ft² / 769 m² Convert Land Size

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: 10348813


Property Description

To-be-subdivided lot in the Lower Mission area! With RU2 zoning, a lot size of 0.194 acres / 8,456.128 square feet, a frontage of 44.65 feet and depth of 138.81 feet, and all services at the lot line, this will be a great opportunity to create four townhomes under the new provincial rules in the most desirable area in Kelowna! The seller is currently going through the rezoning process to finalize the RU2 zoning, and will go through the subdivision to create two lots if desired by a purchaser; however, there is an option to purchase the current property with an existing home before the subdivision (See MLS 10348680) at a discount with the RU2 zoning in place, giving them upside on doing the development themselves. There is basic massing complete to show that all units should accommodate double car garages with between 1,755 and 2,343 square feet of finished living space while allowing for ample green space and community aesthetics. Why do a small infill fourplex when you can do a fourplex project with more land, a better location, and flexible design layouts? This is one of two lots available post-subdivision, with the adjacent lot also for sale. See MLS 10348811 for lot A.
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Lifestyles

Boating
Fishing
Skiing
Tennis
Wine Country
Yacht Club
RU2 Development Potential, Canada,British Columbia,Kelowna is a Kelowna luxury Vacant Land listed for sale CAD 1,250,000. This high end Kelowna Vacant Land is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Kelowna or search for luxury properties for sale in Kelowna.