Ideal central location for this development opportunity! This two lot land assembly, currently with two homes (a 1944 built single family home and a 1991 built full duplex), has the potential you are looking for with 125 feet of frontage on Laurier avenue comprised of two titles yielding 16,590 sq ft (0.38 acres of land) approximately. Current zoning is MF1 with future zoning in the 2040 official community plan of core neighbourhood future land use C-NHD Urban Core potentially for medium density apartment housing. The two homes on site currently have long term tenants which would support revenue to the buyer while moving forward. Buyers should perform their own due diligence to confirm intended potential development. Please note: Property taxes and lot size shown are for both parcels combined. Finished floor area is both homes combined. (id:2493)
Data was last updated November 10, 2024 at 11:15 PM (UTC)
Area Statistics
Listings on market:
198
Avg list price:
$976,950
Min list price:
$239,000
Max list price:
$5,999,000
Avg days on market:
73
Min days on market:
1
Max days on market:
515
Avg price per sq.ft.:
$437.34
These statistics are generated based on the current listing's property type
and located in
Kelowna South. Average values are
derived using median calculations.
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