1875 Richter Street Kelowna, BC V1Y2N1
Listing Courtesy of: CREA - C21 Brokers / Century 21 Executives Realty Ltd

  1875 Richter Street Kelowna, BC V1Y2N1

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Description

3 floor, 18-unit residential apartment building can begin construction right away. Zoned RM3r. Located in a very central location in southern Kelowna. Plans are for 15 1-bdr units, 1 1-bdr + den and 2 2-bdr units. The design is development permit ready and has been approved by Council with the highest attention to detail and high-end finishings. The current rental vacancy rate in Kelowna is 0.6 per cent, the lowest level in Canada. Only a few blocks off the highway, it is close to all amenities, shopping, schools, parks, and the hospital, and only minutes to the beach. Projected Gross Annual Income: $396k. Information package is available. Also offered for land purchase only - MLS 10250397. (id:42016)

MLS®:
10250395
Lot Size
0.32 acres
Type
Multifamily
Year Built
2022
County
Central Okanagan
Bathroom Details
Subdivision
  • Kelowna South
Lot Information
  • Fully Landscaped
  • Landscaped
Utility Information
  • Sewer: Municipal Sewage System
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
May 18, 2022
Price Changed
$8,500,000
-3%
-300,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Century 21 Canada and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: REALTOR.CA 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. Listing Data Last Updated: 8/17/22 04:03