BC
Kelowna
V1W3T5
401 Meikle Avenue
401 Meikle Avenue, Kelowna, BC V1W3T5
Listing Type
single family
Listing Status
active
38
$2,599,000

Home Details for 401 Meikle Avenue

Price
$2,599,000
Type
Single Family
Bedrooms
5
Bathrooms
2.0
Square feet
2006
Year built
1958
Lot size acres
0.22 ac|under 1 acre
Parking
See Remarks
Basement
Full
Days on site
93
Listing #
10307328_26635077
Listing courtesy: Royal LePage Kelowna
Property Description

Large, 0.22 acre development site right across from Okanagan Lake and in the heart of the vibrant Pandosy neighbourhood in Kelowna. Close proximity to Pandosy Village, which offers a range of shops, cafes and services. Additionally, located steps from the shores of Okanagan Lake providing future residents with opportunities for recreational activities and stunning views. Current zoning is UC5 (Pandosy Urban Centre) which promotes livable, vibrant, sustainable communities with optimal land use and increased economic activity. The owner has a 24-unit Development Permit in place with the city, which can be revised to 30-units without any further approvals. Permitted density up to 2.35 F.A.R. Gross lot size of 9,590 sq. Ft that permits up to 22,614 sq. Ft of buildable area. Impressive preliminary architectural plans and landscaping plans in place. As an added bonus, there is an existing detached 5 bed 2 bath home with suite that provides a gross income of $4,100/month with utilities paid by the tenant. An excellent income source for the holding period prior to redevelopment. (id:1184)

Property Features
  • Heating Information
    • Forced air
    • See remarks
  • Cooling Information
    • Central air conditioning
  • Parking
    • See Remarks
  • Basement
    • Full
  • Fire Place
    • False
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Market statistics compiled from data from Canadian Real Estate Association.
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Heather Nauss
Sales Rep.
Office
902 679 1177
Agent
902 690 5618
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