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5-bedroom House in Kelowna

Incredible development opportunity located in one of the very best neighbourhoods in the Okanagan. .23 acre lot on the corner of Eldorado and Walker in the highly desirable Lower Mission and situated just steps to Okanagan Lake. Subdivision & rezoning is already underway and Sellers have received their 2nd & 3rd reading from the City of Kelowna. Sellers have hired an Urban Planning Consultant to handle the subdivision/rezoning. Investments have already been made in COK application fees, Geotech, surveying, civil engineering, Fortis designs, consultant fees, + 2 preliminary house designs. The 2 preliminary house designs both feature pools and the square footages are 4,991SF + 539SF garage for inner lot & 4,694SF + 579SF garage for corner lot. Both future homes feature rooftop decks with lake views. Contact Listing Agent for full house plans. This development opportunity is being sold as is. Buyer to take over all future costs. Anticipated subdivision completion is Fall 2022. Solid house currently on the property that's rented to a terrific tenant for $3,150/month + utilities with lease until the end of August, 2022. Tenant wants to stay on much longer. (id:7396)


Property Details

  • 2248 sq.ft.
  • 5 Bedrooms
  • 2 Bathrooms
  • Spots

  • MLS® #: 10249546
  • Address: 442 Eldorado Road,, Kelowna, British Columbia, V1W1G8
  • Property Type: House
  • Year Built: 1967
  • Heating: Unspecified
  • Cooling: Unspecified
  • Water: Municipal water
  • Sewer: Municipal sewage system
  • Ownership Type: Freehold
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Listing agent(s):

  • Kent Armstrong (250) 862-7291

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