Photos will be added March 25th. Great investment opportunity! Approx 60'x125' RC1 zoned CORNER lot in West Kelowna. Centrally located and ripe for redevelopment, with a 42 unit building across the street that was recently completed. 3 bedroom 2 bathroom LAKEVIEW home is perfect for an owner occupier wanting a well-maintained home with long-term upside, or an investor wanting a great rental until they decide to redevelop. Unfinished area downstairs ready for an additional value-add. Lots of upgrades to the major mechanical and structural components to ensure you don't have to take those costs on yourself, which include windows & furnace in 2010, nearly brand new kitchen appliances, newer washer/dryer, newer flooring and more. Carport for covered parking. No tenancies to assume, so easily able to achieve at-market rents in today's low vacancy rental environment. This is a great investment due to existing high density development surrounding this parcel, established zoning already in place, and a great home that is suitable for an owner-occupier or investor alike! (id:2493)
Data was last updated June 2, 2023 at 12:45 AM (UTC)
Area Statistics
Listings on market:
127
Avg list price:
$675,000
Min list price:
$119,900
Max list price:
$2,199,000
Avg days on market:
51
Min days on market:
1
Max days on market:
280
Avg price per sq.ft.:
$501.86
These statistics are generated based on the current listing's property type
and located in
Westbank Centre. Average values are
derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.