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| 1220 K.L.O Road Kelowna V1W3P9 |
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| Price : $2,488,000 |
Listing ID : 10392834
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1 
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2 
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| Property Type : Single Family |
Building Type : House |
| Title : Freehold |
Finished Area : 1187 sqft |
| Built in : 1968 |
Total Parking Spaces : - |
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STRATEGIC LAND ASSEMBLY OPPORTUNITY IN KELOWNA'S KLO CORRIDOR Rare opportunity to acquire a strategically positioned parcel within a three- or four-property land assembly located in Kelowna's rapidly evolving KLO Road corridor. Situated within a designated Transit Supportive Corridor, 1220 KLO Road forms part of a broader redevelopment opportunity that includes neighbouring properties with Council-approved MF3 rezonings. City planning discussions have indicated support for extending a similar redevelopment framework across the balance of the assembly (buyer to independently verify). A preliminary concept package is available outlining a potential six-storey, 79-unit multi-family development currently achieving approximately 2.05 FAR, with potential for increased density through available incentives and design optimization (buyer to verify) up to a 2.305 FAR. The vendor's pricing objective is based on $79 per buildable square foot, calculated on approved density achieved through the development process. The advertised list price should be considered indicative only and subject to adjustment based on final approved buildable area. location - The assembly benefits from proximity to transit, schools, shopping, employment centres, parks, and major transportation routes. Serious developer inquiries only. Preliminary concepts and assembly information available upon request. (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 : Contemporary |
Bathrooms (Partial) : 0 |
Cooling : Central air conditioning |
| Fire Protection : - |
Fireplace Fuel : - |
Fireplace Type : - |
| Floor Space : - |
Flooring : - |
Foundation Type : - |
| Heating Fuel : - |
Heating Type : Baseboard heaters |
Roof Style : - |
| Roofing Material : - |
Sewer : Municipal sewage system |
Utility Water : Municipal water |
| Basement |
| Type : - |
Development : - |
Features : - |
| Land |
| Landscape Features : - |
| Rooms |
| Level : |
Type : |
Dimensions : |
| Main level |
Full bathroom |
10' x 5' |
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Full bathroom |
12' x 10' |
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Kitchen |
14' x 10' |
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Living room |
14' x 10' |
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Primary Bedroom |
10' x 14' |
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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.
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