Introducing a prime 0.21-acre corner lot in Kelowna, positioned at Dougall Rd S and Jurome Ave, this development opportunity is zoned UC4, allowing for 4-story buildings with a potential FAR with bonuses of 2.4. Sewer is at the lot line. Nestled in a rapidly expanding neighborhood, this property is not only close to essential amenities but also benefits from its proximity to transit options, the local transit exchange, and Plaza 33 shopping center, featuring Save on Foods. This enhances its appeal, offering developers the chance to significantly impact Kelowna's urban growth. With the additional convenience of an assumable mortgage and potential for a Vendor Take-Back (VTB) mortgage, financial flexibility is at your fingertips. This lot represents a rare opportunity to contribute to Kelowna's community and skyline, making it a strategic investment for those looking to shape the future of one of Canada's most desirable locations. Act now to secure this valuable piece of Kelowna's developing landscape. (id:2493)
Data was last updated January 2, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$608,500
Min list price:
$249,000
Max list price:
$3,188,000
Avg days on market:
87
Min days on market:
5
Max days on market:
331
Avg price per sq.ft.:
$411.78
These statistics are generated based on the current listing's property type
and located in
Rutland South. Average values are
derived using median calculations.
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