Don Rae Realtor


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  • 2166 Aberdeen Street Kelowna V1Y2T4

    Price : $1,090,000 Listing ID : 10362252
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : House
    Title : Freehold Finished Area : 2367 sqft
    Built in : 1930 Total Parking Spaces : -
    This expansive 9-bedroom, 3-bathroom property with a single garage and alleyway access offers incredible potential for development. Zoned MF4, this site is primed for multi-family development. And with a land assembly, up to 6 stories can be built. While the house itself is in poor condition and a tear down, an estimated renovation quote of $177,000 is available should you choose to restore the property. A detailed proposal can be shared upon request. Alternatively, the property could serve as a boarding home in its current state, if renovated. The seller has already prepared development plans for a triplex, featuring a duplex with rear access and a charming detached home at the front. Once built, the three units could be sold separately. Located in a highly sought-after and rapidly developing area, this property is just 450 meters from KGH. For even greater potential, consider combining with neighboring properties to pursue up to a 6-story development approval. Demolition costs are approximately $25,000 (with a quote available), and there is NO ASBESTOS on the premises. A pre-demolition inspection report is available to verify this. This is a prime location and lot, offering a wealth of opportunities for the savvy investor or developer. The appraisal of this property is $1.35 Million and a copy is attached in supplement. Pictures are of the completed product once constructed as well as some current pictures. (id:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : -
    Community Features : - Features : - Structures : -
    Total Parking Spaces : - View : - Waterfront : -
    Zoning Type : -
    Building
    Architecture Style : Bungalow Bathrooms (Partial) : 0 Cooling : -
    Fire Protection : - Fireplace Fuel : - Fireplace Type : -
    Floor Space : - Flooring : - Foundation Type : -
    Heating Fuel : Electric Heating Type : Baseboard heaters, Forced air, See remarks Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : Full Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    Basement 4pc Bathroom Measurements not available
    Bedroom 10'0'' x 9'0''
    Bedroom 10'2'' x 9'6''
    Bedroom 10'4'' x 10'2''
    Bedroom 9'8'' x 9'2''
    Kitchen 13'0'' x 10'0''
    Main level 4pc Bathroom Measurements not available
    Bedroom 10'0'' x 9'2''
    Bedroom 11'2'' x 9'7''
    Dining room 11'0'' x 11'0''
    Living room 16'0'' x 15'0''
    Primary Bedroom 12'0'' x 12'0''
    Second level Bedroom 10'2'' x 9'6''
    Bedroom 11'0'' x 10'0''
    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.