1402 Cara Glen Court Active

Kelowna,BC V1V1A5

$ 9175000

- Bed

- Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Glenmore

MLS Listing ID 10321028

Originating Board Association of Interior REALTORS®

Lot Size 1.700 Acres

Acres 74052.0

Property Sub-Type Freehold

Property Description

Incredible opportunity to purchase a ready-to-implement, rental apartment housing development opportunity in the highly sought after Glenmore community! The property is located in the established neighbourhood next to Knox Mountain Recreation Area (950 acres). Close proximity to Downtown, schools and Landmark Business district. Conceptual plan for 108 unit rental apartment project with underground parking stalls. MF3r rental apartment house zoning now in place. Development Permit currently pending. Property will be graded flat prior to completion. Priced at 9,175,000 (land value in August 2023 Appraisal) with DP approved plans. A Buyer merely needs to secure their “capital stack” to move forward with this project. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Exterior

Parking Features No

Community Features Family Oriented,High Traffic Area

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold

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