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1254 Sutherland Ave
Sutherland Ave, Central City, Kelowna, BC, V1Y 5Y3
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Quick Summary
Quick Summary
- 5-bedroom, 2,364 sq ft house with 1-bedroom suite
- 0.21-acre site in evolving Capri neighborhood
- Potential for multi-family residences up to 6 storeys
- Zoned UC2 with FAR bonuses up to 2.35
- Steps from Capri Shopping Centre with shops and dining
- Transit stop directly in front
- Aligned with provincial/City bylaw changes
- Strategic investment opportunity
Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family... Show More
Prime development parcel in the evolving Capri neighborhood, ideally positioned for a visionary developer. This 0.21-acre site, with the potential for more homes to join in has a 2,364 Sq ft, 5-bedroom house featuring a 1-bedroom suite, offers a unique investment opportunity. The area is transitioning from single-family to multi-family residences, with the Official Community Plan supporting constructions up to 6 storeys. Zoned UC2, it allows a base FAR of 1.8, with potential bonuses up to 2.35, perfect for a substantial project. Located on Sutherland Ave, merely steps away from the Capri Shopping Centre, this property guarantees unmatched convenience with shops, dining, and services a short walk away. Adding to its appeal is a transit stop directly in front, which aligns with potential for higher density with the provincial/City bylaw changes in response SSMUH legislation. This lot represents a strategic investment for those looking to capitalize on Kelowna's growth, offering both a solid holding property and a future development goldmine. (id:54626)
Property Details
Size
Build
Utilities
Rooms
Living room
1′0″ x 1′0″
Kitchen
1′0″ x 1′0″
Primary Bedroom
1′0″ x 1′0″
Ownership Details
Ownership
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