0.1700 Acre, 50′ x 146′ RU6 lot with lane access located in the Central Downtown core. OCP states Multiple Unit Residential (Medium Density) (MRM) as the future land use; Building densities would be consistent with the provisions of the RM4 – Transitional Low Density Housing and RM5 – Medium Density Multiple Housing zones. Property currently has a well maintained 4 bedroom, 1 bathroom 1923 heritage-style home with plenty of the original hardwood and woodwork remaining. 2005 Furnace, 2004 windows downstairs, approx 10 y/o roof and more make it a stable rental until possible development, or an ideal candidate for a heritage-restoration project! Additionally, the back lane access (currently with a garage) leads to carriage home potential. This property has never been offered for sale on the MLS and is a fantastic opportunity given Kelowna’s direction on wanting higher density in the Urban Core. On Sewer and municipal water.
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