2977 Lowe Ct
Lowe Ct, South Pandosy - K.L.O., Kelowna, BC, V1Y 8L3
Quick Summary
Quick Summary
- Unique 6 lot land assembly opportunity in Kelowna South
- Within 400m of a transit exchange, parking requirements reduced
- Allows up to 6 storey, 110,206 buildable square feet
- Easy walk to buses, colleges, schools, beaches and shops
- Flat site with great exposure and access
- In a transit-oriented development area
- Estimated $283,200 annual revenue potential
UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110, 206 BUILDABLE SQUARE FEET! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2997 Lowe Crt, 2987 Lowe Crt, 2922 Gordon Dr,... Show More
UNIQUE DEVELOPMENT OPPORTUNITY w/ LOADS of POTENTIAL in OKANAGAN COLLEGE TRANSIT DESIGNATED AREA, allowing up to 6 STORIES and a 2.5 FAR or up to 110, 206 BUILDABLE SQUARE FEET! This property is part of the 6 lot GORDON Drive/LOWE Court LAND ASSEMBLY and must be purchased in conjunction with 2997 Lowe Crt, 2987 Lowe Crt, 2922 Gordon Dr, 2930 Gordon Dr and 3010 Gordon Dr. In a superb location (KEL SOUTH), the LAND ASSEMBLY is within 400m of a Transit Exchange meaning parking requirements greatly reduced (Commercial and Universal Accessibility Parking only). Easy walk to buses, college and high schools, beaches, restaurants, shopping, the hospital and more! Upcoming changes allow option to rezone to UC5. Gordon Drive is also a TRANSIT SUPPORTIVE CORRIDOR but with only 4 Kelowna TRANSIT ORIENTED AREAS under the NEW PROVINCIAL LEGISLATION, this parcel contains 4 of only 793 total lots being rezoned in the Transit Oriented Areas. Flat site, easy to build with exceptional exposure on Gordon and excellent access off Lowe Crt. Buyers to do own due diligence on intended use, both municipally and provincially. Total Purchase Price $10,139,000. Estimated Total Revenue, adding owner occupied units: $283,200/year ($23,600/mo). (id:54626)
Additional Media
View Additional Media
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Kitchen
11′5″ x 12′6″
Living room
12′6″ x 20′9″
Bedroom
10′0″ x 9′1″
Bedroom
12′7″ x 10′2″
4pc Bathroom
9′5″ x 4′11″
Primary Bedroom
13′5″ x 11′0″
Ownership Details
Ownership
Book A Private Showing
For Sale Nearby
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.