1089-1097 Clement Avenue Kelowna, BC V1Y7E3
Listing Courtesy of: ASSOCIATION OF INTERIOR REALTORS / Re/Max Kelowna
$4,500,000
5
BED
4
BATH
0.45
ACRES

  1089-1097 Clement Avenue Kelowna, BC V1Y7E3

Active (10 Days)

Description

Outstanding assembly totalling .45 acres at the high-profile corner of Clement Ave & Gordon Dr. Potential for MF3 zoning as assembly is on a transit supportive corridor, would allow a FAR of 1.8 with potential for a further bonus FAR of .55 and up to 6 storeys of mixed commercial and residential use. Preliminary plans indicate 2 CRUs on the main floor (1 fronting Clement & 1 fronting Gordon) and 5 floors on residential with approx. 30 units. Currently 2 rental single family homes provide great cashflow and holding income. Close to downtown, the lake and the growing Brewery District along Clement Ave, near restaurants, cafes, coffee shops, craft breweries, wineries, boutique businesses and public transportation.

MLS®:
10275376
Lot Size
0.45 acres
Type
Land
Year Built
1949
Style
Rancher
County
Central Okanagan
Community
Central Okanagan
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Drywall
Subdivision
  • Kn - Kelowna North
Property Features
  • Fireplace: Insert
  • Foundation: Concrete
Heating and Cooling
  • Electric Baseboards
  • A/C Window Units
Basement Information
  • Cellar
Flooring
  • Floor Vinyl
  • Ceramic Tile
  • Carpeting/Wall-to-Wall
Exterior Features
  • Other (See Remarks)
  • Roof: Asphalt/Fibreglass Shingles
Utility Information
  • Utilities: Municipal
  • Sewer: Available
  • Fuel: Natural Gas, Electricity
Garage
  • Detached
  • Attached
Stories
  • 1
Location
   
Calculate drive times to this property
 

Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.