4
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$9,175,000
Est. payment /mo
1.7 Acres Lot
Active
1402 Cara Glen Court Kelowna, BC V1V1A5
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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
Listed by Unison HM Commercial Realty