3090 HOLLAND Road, Kelowna, BC V1W3P8
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3090 HOLLAND Road, Kelowna, BC V1W3P8
3090 HOLLAND Road, Kelowna, BC V1W3P8
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$ 2,600,000
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3090 HOLLAND Road Kelowna, BC V1W3P8

2 Beds

1 Bath

1,176 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1176

Square Footage 1,176 sqft

Price per Sqft $2,210

Subdivision Kelowna South

MLS® Listing ID 10386480

Style Ranch

Bedrooms 2

Year Built 1966

Lot Size 0.310 Acres

Acres 0.31

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 has already achieved MF3 zoning, 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, and the addition of an adjacent third property on Holland road, (that the City will support rezoning to MF3) there is 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 3080 Holland Road, as a land assembly. (id:24570)

Location

Province BC

Rooms

Kitchen 1.0

Extra Room 1 Main level 8'0'' x 8'0'' Full bathroom

Extra Room 2 Main level 12'0'' x 8'0'' Laundry room

Extra Room 3 Main level 12'0'' x 13'0'' Bedroom

Extra Room 4 Main level 12'0'' x 13'0'' Primary Bedroom

Extra Room 5 Main level 14'0'' x 14'0'' Living room

Extra Room 6 Main level 12'0'' x 12'0'' Kitchen

Interior

Heating Baseboard heaters

Cooling See Remarks

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Garage Yes

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Architectural Style Ranch

Others

Ownership Freehold


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AJ Hazzi

AJ Hazzi

Broker | License ID: 1390206

+1(250) 717-3133

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3090 HOLLAND Road