2115 Richter Street Kelowna, British Columbia V1Y 2N7
$760,000
Exceptional investment opportunity in Kelowna's Transit Oriented Area, zoned MF4 on a flat .15-acre lot with back lane access. This prime location allows for up to 6 units or a 6-storey development when combined with neighboring properties. Boasting a maximum base density of 2.5 FAR, with a potential 0.3 FAR bonus for rental or affordable housing, the property sits within walking distance to beaches, Kelowna General Hospital, parks, shops, schools, transit, and bike trails. Currently hosting a charming 932 sq ft home with two bedrooms and one bathroom, it offers immediate live-in potential with substantial equity growth or a lucrative development opportunity in a rapidly expanding urban area. Perfect for developers or investors seeking a versatile project in a high-demand location. (id:59116)
Property Details
MLS® Number | 10321136 |
Property Type | Single Family |
Neigbourhood | Kelowna South |
ParkingSpaceTotal | 4 |
Building
BathroomTotal | 1 |
BedroomsTotal | 1 |
ConstructedDate | 1925 |
ConstructionStyleAttachment | Detached |
HeatingFuel | Electric |
StoriesTotal | 1 |
SizeInterior | 932 Sqft |
Type | House |
UtilityWater | Municipal Water |
Parking
Rear | |
RV |
Land
Acreage | No |
Sewer | Municipal Sewage System |
SizeIrregular | 0.15 |
SizeTotal | 0.15 Ac|under 1 Acre |
SizeTotalText | 0.15 Ac|under 1 Acre |
ZoningType | Unknown |
Rooms
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Main Level | Full Bathroom | Measurements not available | ||
Main Level | Living Room | 18' x 8' | ||
Main Level | Primary Bedroom | 8' x 10' | ||
Main Level | Kitchen | 13' x 9' |
https://www.realtor.ca/real-estate/27249635/2115-richter-street-kelowna-kelowna-south
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Andrew Smith
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7
Kierra Smith
#1 - 1890 Cooper Road
Kelowna, British Columbia V1Y 8B7