111 Morningside Drive, West Kelowna, British Columbia V4T 0B1

Real Estate development opportunity to acquire ""The Trails"" site for 49 luxury unit multi family site in The Trails Development. Complete with conceptual drawings/plans for 3 high end 8-plex stacked buildings and 25 multi-family homes which offer sun decks, private elevators and 180 degree unobstructed lake and valley views. Significantly higher density can be achieved. The lot is located in the prestigious ""The Trails"" subdivision off Morningside Dr, cul de sac location. Roads, infrastructure and Development Permit in place. Other design plans permitted but subject to ""The Trails""approval. Services available, sewer, water, electricity and gas. Whether it’s exploring the vast trail systems for walking, hiking and biking, taking advantage of the nearby waterfront and beaches, golf courses or wineries, The Trails offers the perfect setting and lifestyle. Contact us today! (PLEASE NOTE: “higher density is achievable for this site”) Capital costs invested to date include infrastructure to access both properties to the lot line, material removal , civil work including storm, water, sewer & shallow utilities to the lot line, design costs, development permit costs, Park development and fencing, roundabout traffic circle and improvements to Glenrosa Road are off site costs that have also been completed. The work accomplished to date accelerates your development process. (id:27476)

This property is currently available for purchase and is classified as Freehold ownership type.

There is a real estate development opportunity to acquire the site known as "The Trails" for the construction of a 49-unit luxury multi-family complex within The Trails Development. The site comes with conceptual drawings and plans for three high-end 8-plex stacked buildings and 25 multi-family homes, all of which feature sun decks, private elevators, and stunning 180-degree unobstructed views of the lake and valley. It is also possible to achieve a significantly higher density on the property. The lot is situated in the esteemed "The Trails" subdivision, located on a cul-de-sac off Morningside Drive. The necessary roads, infrastructure, and Development Permit are already in place. While other design plans are permitted, they are subject to approval from "The Trails." Additionally, essential services such as sewer, water, electricity, and gas are readily available.

Whether it's exploring the extensive trail systems for walking, hiking, and biking, enjoying the nearby waterfront and beaches, golf courses, or wineries, The Trails offers an ideal setting and lifestyle for residents. Interested parties are encouraged to get in touch for more information. (Please note: "higher density is achievable for this site")

Capital costs have already been invested in the property, including infrastructure to access both properties to the lot line, material removal, civil work (including storm, water, sewer, and shallow utilities to the lot line), design costs, development permit costs, park development and fencing, as well as roundabout traffic circle and improvements to Glenrosa Road. These off-site costs have all been completed, which means that the work accomplished to date will expedite the development process for potential buyers. (id:27476)

This property is situated on 3.85 acres of land and is located at 111 Morningside Drive in the city of West Kelowna, British Columbia. The postal code for this property is V4T0B1.