3080 Holland Road, Kelowna, BC V1W3P8
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3080 Holland Road, Kelowna, BC V1W3P8
3080 Holland Road, Kelowna, BC V1W3P8
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AJ Hazzi

AJ Hazzi

+1(250) 717-3133
$ 2,000,000
Est. payment /mo
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3080 Holland Road Kelowna, BC V1W3P8

1 Bed

1 Bath

2,204 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2204

Square Footage 2,204 sqft

Price per Sqft $907

Subdivision Kelowna South

MLS® Listing ID 10386477

Style Ranch

Bedrooms 1

Year Built 1968

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Freehold

Property Description

MF3 DEVELOPMENT OPPORTUNITY IN TRANSIT CORRIDOR – (KLO AREA) Excellent opportunity to acquire a multi-family, multi-story development site in Kelowna's rapidly evolving KLO Rd corridor. This property can be developed in conjunction with the other two MF3 zoned properties in the assembly, allowing for near-term development potential in a high-demand rental and residential market. Situated within a designated transit supportive corridor, the site benefits from progressive planning policies supporting increased density and more flexible parking requirements (buyer to verify with City of Kelowna). FAR of 2.05 for residential development - and utilizing the available rental bonus, an FAR of up to 2.35 is achievable. In conjunction with the neighboring MF3-zoned lot, the site presents an efficient and financially compelling development opportunity. The City will support rezoning to MF3- allowing a significant increase in the overall development area to 0.98 acres. The assembly is located in an area experiencing strong redevelopment momentum, with excellent proximity to transit, amenities, schools and major transportation routes. The existing homes also provide holding income while development plans are advanced. This property can only be purchased in conjunction with both 1240 KLO Road, and 3090 Holland Road, as a land assembly. (id:24570)

Location

Province BC

Rooms

Kitchen 1.0

Extra Room 1 Main level Measurements not available Full bathroom

Extra Room 2 Main level 12' x 11'7'' Primary Bedroom

Extra Room 3 Main level 15'8'' x 9'8'' Kitchen

Extra Room 4 Main level 24' x 13'5'' Living room

Interior

Heating Baseboard heaters,

Cooling Wall unit

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Garage Yes

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style Ranch

Others

Ownership Freehold

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Listed by Royal LePage Kelowna

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AJ Hazzi

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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