Don Rae Realtor


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  • 2997 Lowe Court Kelowna V1Y8L3

    Price : $1,629,623 Listing ID : 10303092
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2058 sqft
    Built in : 1988 Total Parking Spaces : 2
    UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110,206 BUILDABLE SQUARE FEET! This property is part of the 7 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2987 Lowe Crt, 2977 Lowe Crt, 2930 Gordon Dr, 3010 Gordon Dr and 3020 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is within 400m of a Transit Exchange meaning parking requirements greatly reduced (Commercial and Universal Accessibility Parking only). Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! City of Kelowna to possibly rezone to UC5. Gordon Drive is also a TRANSIT SUPPORTIVE CORRIDOR but with only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION, this parcel contains 4 of only 793 total lots being rezoned in the Transit Oriented Areas. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo). (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Refrigerator, Dishwasher, Range - Electric, Washer/Dryer Stack-Up
    Community Features : Pets Allowed, Rentals Allowed Features : - Structures : -
    Total Parking Spaces : 2 View : - Waterfront : -
    Zoning Type : Residential
    Building
    Architecture Style : - Bathrooms (Partial) : 0 Cooling : Heat Pump
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : - Heating Type : Heat Pump Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : Underground sprinkler
    Rooms
    Level : Type : Dimensions :
    Additional Accommodation Bedroom 11'0'' x 12'9''
    Bedroom 9'0'' x 11'0''
    Bedroom 9'1'' x 9'8''
    Full bathroom 8'0'' x 7'4''
    Kitchen 11'10'' x 11'5''
    Living room 22'2'' x 14'5''
    Lower level Bedroom 9'4'' x 10'9''
    Bedroom 9'6'' x 10'2''
    Full bathroom 6'2'' x 7'3''
    Kitchen 12'10'' x 6'7''
    Laundry room 6'9'' x 7'9''
    Living room 14'2'' x 14'0''
    Main level Foyer 6'7'' x 8'7''
    Full ensuite bathroom 6'0'' x 8'0''
    Other 8'1'' x 4'11''
    Primary Bedroom 11'2'' x 16'1''
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.