1875 Richter Street Kelowna, BC V1Y2N1

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CREA - C21 Brokers / Century 21 Executives Realty Ltd

$2,650,000

0.32

ACRES

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1875 Richter Street Kelowna, BC V1Y2N1

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Description

Development permit ready project! This 0.32 Acre empty lot is zoned RM3r and located in a very central location in southern Kelowna. Council approved plans for 18 rental apartment units (15 1-bdr units, 1 1-bdr + den and 2 2-bdr units). 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. Services to the lot line, flat site, house and foundation have been removed so no need for a demolition permit. Price includes approvals, architectural drawings, landscape plan, civil drawings, soil report, topo survey, etc. Also available to purchase as a fully built complex complete with a 3-floor, 18-unit residential apartment building. Building can begin construction right away. See MLS 10250395. Information package is available. (id:42016)

MLS®:
10250397

Lot Size
0.32 acres

Type
Land

County
Central Okanagan

Bathroom Details

Subdivision

Kelowna South

Utility Information

Sewer: Municipal Sewage System

Location

Map View | Street View

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Listing Price History

Date

Event

Price

% Change

$ (+/-)

May 18, 2022

Price Changed

$2,650,000

-7%

-200,000

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:

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

CENTURY 21 Executives Realty Ltd.

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(250) 549-2103

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