1316 Bernard Avenue, Kelowna, British Columbia V1Y 6R6

Listed for:
$1,474,000
0 beds
0 baths
Listed 206 days ago
Other for rent: 1316 Bernard Avenue, Kelowna, British Columbia V1Y 6R6

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Learn more about this property
Listing provided by:
Oakwyn Realty Okanagan
MLS® number:
10280705
Agent:
Greg Penner
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About

Developer Alert ! Three Property Land Assembly totalling almost 28,000 sq ft Consisting along with 1481 and 1491 Richmond Street . Premium development site with frontage on Bernard Ave, Richmond St , and Lawson Ave. in the Downtown Corridor. The properties at 1481 , 1491 Richmond Street , and 1316 Bernard Ave are located in the C-NHD Core Area Neighbourhood future land use designation. The subject properties are also located on a transit supportive corridor. The core area neighbourhood designation may support a rezoning to MF3, which allows for 6-storey apartment housing . This home has just been updated inside , and new fences and landscape. It is the Buyers responsibility to check all zoning with the City and the seller makes no guarantees . All three properties have homes that are presently rented . (id:27476)

Property Highlights

Type
Other
Cooling type
Heating fuel
Electric
Fireplace
No
Construction material
Stucco, Wood siding
Parking space
Ownership Type
Leasehold
Amenities nearby

Location

Summary

This property is a Leasehold, making it an ideal opportunity for developers. It is part of a three-property land assembly, totaling nearly 28,000 square feet. The site is situated on Bernard Ave, Richmond St, and Lawson Ave in the Downtown Corridor, making it a prime location for development.

The properties at 1481, 1491 Richmond Street, and 1316 Bernard Ave fall under the C-NHD Core Area Neighbourhood future land use designation. Additionally, they are located on a transit supportive corridor, making them even more attractive for potential rezoning to MF3, allowing for 6-storey apartment housing.

The interior of the home has recently been updated, and new fences and landscaping have been added. However, it is the buyer's responsibility to verify all zoning regulations with the city, as the seller does not provide any guarantees. All three properties currently have tenants renting the homes.

This property is currently for sale and has a land size of under 1 acre. It is located at 1316 Bernard Avenue in Kelowna, British Columbia, with a postal code of V1Y6R6. The building exterior is finished with stucco and wood siding, and it uses electric heating fuel.