325 Dougall Road S, Kelowna, British Columbia V1X 3J5

Listed for:
$1,499,000
4 beds
2 baths
Listed 103 days ago
House for rent: 325 Dougall Road S, Kelowna, British Columbia V1X 3J5

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Learn more about this property
Listing provided by:
eXp Realty (Kelowna)
MLS® number:
10303486
Agent:
Mark Coons
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About

Introducing a prime 0.21-acre corner lot in Kelowna, positioned at Dougall Rd S and Jurome Ave, this development opportunity is zoned UC4, allowing for 4-story buildings with a potential FAR with bonuses of 2.4. Sewer is at the lot line. Nestled in a rapidly expanding neighborhood, this property is not only close to essential amenities but also benefits from its proximity to transit options, the local transit exchange, and Plaza 33 shopping center, featuring Save on Foods. This enhances its appeal, offering developers the chance to significantly impact Kelowna's urban growth. With the additional convenience of an assumable mortgage and potential for a Vendor Take-Back (VTB) mortgage, financial flexibility is at your fingertips. This lot represents a rare opportunity to contribute to Kelowna's community and skyline, making it a strategic investment for those looking to shape the future of one of Canada's most desirable locations. Act now to secure this valuable piece of Kelowna's developing landscape. (id:27476)

Property Highlights

Type
House
Cooling type
Central air conditioning
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Freehold
Amenities nearby

Location

Summary

This property is being offered as Freehold ownership, making it an attractive investment opportunity. Situated on a prime corner lot spanning 0.21 acres in Kelowna, the property boasts convenient access from Dougall Rd S and Jurome Ave. With UC4 zoning in place, the potential for 4-story construction with a FAR of 2.4 makes it an ideal prospect for future development in this rapidly growing neighborhood.

Investors looking to capitalize on Kelowna's thriving real estate market will find this property particularly appealing. Its proximity to amenities and the city's natural beauty further enhances its allure, presenting a unique opportunity to shape Kelowna's urban landscape. This is a lucrative investment prospect in one of Canada's most sought-after locations, and the seller is offering an assumable mortgage and is open to considering a VTB mortgage.

Currently listed for sale, this property features a land size of 0.21 acres and is located at 325 Dougall Road S in Kelowna, British Columbia, with a postal code of V1X3J5. The house itself comprises 4 bedrooms and 2 bathrooms, with a detached construction style spanning 2 stories. Additional features include central air conditioning for cooling and forced air for heating.

Street Spotlight - For sale