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2977 Lowe Ct

Lowe CtSouth Pandosy - K.L.O.KelownaBC, V1Y 8L3

5
Beds
4
Baths
2,463
Sq. Ft.
$1,563,500
List Price
2977 Lowe Ct, Kelowna, BC - 1 of 3
2977 Lowe Ct, Kelowna, BC - 2 of 3
2977 Lowe Ct, Kelowna, BC - 3 of 3
301 days on market

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)

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Property Details

Size

2,463 sq. ft.
19 total rooms across 2 floors
5 Beds
4 Baths
4 Full

Parking

5 Parking Spaces
See Remarks,Attached Garage,RV

Build

Year Built
1988
Model Name
-
Basement
-
Exterior
Other, Stucco
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
Asphalt shingle

Heating & Cooling

Heating
Forced air, See remarks
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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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″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
10303034
Last Updated
April 30, 2024
Brokerage
Coldwell Banker Horizon Realty
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